The Treasury Department today announced its financing plans for the fourth quarter of 2009. These plans include:
- The auction of $74 billion in 3-year notes, to be auctioned on November 10, 2009.
- The auction of $50 billion in 10-year notes, to be auctioned on November 12, 2009.
- The auction of $30 billion in 30-year bonds, to be auctioned on November 18, 2009.
The Treasury also announced that it expects to issue approximately $275 billion in net marketable debt during the October-December quarter, assuming a $70 billion end-of-September cash balance. During the January-March 2010 quarter, Treasury expects to issue $268 billion in net marketable debt, assuming a $70 billion end-of-December cash balance.
These financing plans are based on the current economic outlook and are subject to change.
Details of the Auctions
3-Year Notes
The 3-year notes will be auctioned on November 10, 2009. The notes will mature on November 15, 2012.
10-Year Notes
The 10-year notes will be auctioned on November 12, 2009. The notes will mature on November 15, 2019.
30-Year Bonds
The 30-year bonds will be auctioned on November 18, 2009. The bonds will mature on November 15, 2039.
