US5YT=X
+0.11%
Add to/Remove from Watchlist
Add to Watchlist
Add Position
Position added successfully to:
Please name your holdings portfolio
Type:
BUY
SELL
Date:
Amount:
Price
Point Value:
Leverage:
1:1
1:10
1:25
1:50
1:100
1:200
1:400
1:500
1:1000
Commission:
Create New Watchlist
Create
Create a new holdings portfolio
Add
Create
+ Add another position
Close
FED
-0.51%
Add to/Remove from Watchlist
Add to Watchlist
Add Position
Position added successfully to:
Please name your holdings portfolio
Type:
BUY
SELL
Date:
Amount:
Price
Point Value:
Leverage:
1:1
1:10
1:25
1:50
1:100
1:200
1:400
1:500
1:1000
Commission:
Create New Watchlist
Create
Create a new holdings portfolio
Add
Create
+ Add another position
Close
The U.S. Treasury Department has revealed plans to auction off 5-year notes amounting to $49 billion on Wednesday, according to an announcement made on Thursday. The debt raised from these notes is set to be settled by October 2, 2023, and will reach maturity on September 30, 2028.
The Federal Reserve banks are also expected to participate in the auction for their own accounts. As of now, the Federal Reserve holds $22.482 billion in maturing securities in its account.
Prospective buyers have two alternatives for tender submissions for the 5-year notes. Noncompetitive tenders, available in minimum denominations of $100, are required to be submitted by 12:00 PM Eastern Time on Wednesday. On the other hand, competitive tenders, also purchasable in minimum denominations of $100, have a slightly extended deadline of 1:00 PM Eastern Time.
The U.S. Treasury Department has allocated the CUSIP number 91282CJA0 for these 5-year notes. Further details regarding the auction have been provided by the department, which is part of its commitment to maintain transparency and provide all necessary information to potential buyers.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
Source: Investing.com
