The American “Treasury” intends to sell $ 120 billion bonds

The American “Treasury” intends to sell $ 120 billion bonds

The US Treasury stated today, Thursday, that it plans to offer a fresh round of long-term bonds for subscription throughout the course of the upcoming week, totaling $ 120 billion.
The ministry stated that it will offer two general bonds worth $ 42 billion, and 5 -year bonds worth 43 billion dollars, provided that the offering week will be concluded by selling bonds of 7 years worth 35 billion dollars.

Next Tuesday for the two-year bonds, Wednesday for the five-year bonds, and Thursday for the seven-year bonds, the Ministry of Treasury is expected to announce the results of the subscriptions.

Last month, the ministry sold two general bonds worth $ 43 billion, and 5 years bonds worth 44 billion dollars, and concluded the week of offering to sell bonds of 7 years worth 36 billion dollars, and the demand for bonds of the two -year -olds came less than average, and on the bonds The seventy is significantly greater than the norm.

And the US Treasury revealed yesterday the outcome of a bid for the sale of 20-year bonds worth 12 billion dollars, despite the fact that the amount of interest in this offering was significantly lower than usual.
The return on these bonds, according to the Ministry, was 4. 395%, and the coverage rate was 2. 30 times.
The ministry sold $ 14 billion in bonds last month because they had a 3. 420% yield and a 2. 50 times coverage rate.

The American “Treasury” plans to issue bonds worth $ 120 billion.

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