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Treasury Announces 2-Year, 5-Year, And 7-Year Note Auction Details

The Treasury Department announced the details of this month’s auctions of two-year, five-year, and seven-year notes on Tuesday.

The Treasury revealed plans to sell $40 billion worth of two-year notes, $41 billion worth of five-year notes and $32 billion worth of seven-year notes.

The results of the two-year note auction will be announced next Tuesday, the results of the five-year note auction will be announced next Wednesday and the results of the seven-year note auction will be announced next Thursday.

Last month, the Treasury also sold $40 billion worth of two-year notes, $41 billion worth of five-year notes and $32 billion worth of seven-year notes, attracting below average demand.

The two-year and five-year note auctions attracted above average demand, while the seven-year note auction attracted below average demand.

The material has been provided by InstaForex Company – www.instaforex.com