Money and business

America: The Treasury is offering bonds worth $119 billion next week

The US Treasury Department announced, on Thursday, its intention to offer a new quantity of long-term bonds for subscription next week, in denominations of three years, ten years, and thirty years, with a total value of $119 billion.
The ministry stated that it will offer three-year bonds worth $58 billion, and 10-year bonds worth $39 billion, and will conclude the offering week by selling 30-year bonds worth $22 billion.

Subscription to bonds

The Treasury Department is scheduled to announce the result of subscription for three-year bonds next Tuesday, ten-year bonds on Wednesday, and thirty-year bonds on Thursday.

The US Treasury sells bonds next week - agencies

Last month, the ministry sold bonds worth $125 billion in three tranches: three-year bonds, worth $58 billion, 10-year bonds, worth $42 billion, and thirty-year bonds, worth $25 billion.
Demand for the three segments was above average.

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