U.S. to offer $34 billion in Treasurys auction
Published May 3rd, 2006
The Treasury Department plans to offer $34 billion in securities next week to refund federal debt and pay down about $25.9 billion, the agency said Wednesday.
The Treasury said it will sell $21 billion of three-year notes on Tuesday May 9, and $13 billion of 10-year notes on Thursday, May 11.
The auction will refund about $59.86 billion of publicly held securities maturing or called on May 15 and will pay down about $25.86 billion of debt.
