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Wall Street Journal / Biz - Money

Treasury Plans to Sell $231 Billion in Debt

The U.S. Treasury Department will auction $231 billion in securities next week, comprising $167 billion in new debt and $64 billion in previously sold debt.

The U.S. Treasury Department will auction $231 billion in securities next week, comprising $167 billion in new debt and $64 billion in previously sold debt. Details (all with minimum denominations of $100):

Monday: $48 billion in 13-week bills, a reopening of an issue first sold on Feb. 22, 2018, maturing Aug. 23, 2018. Cusip number: 912796PV5.

Also, $42 billion in 26-week bills, dated May 24, 2018, maturing Nov. 23, 2018. Cusip number: 912796QK8.

Noncompetitive tenders for both issues must be received by 11 a.m. EDT Monday and competitive tenders, by 11:30 a.m.

Tuesday: $26 billion in 52-week bills, dated May 24, 2018, maturing May 23, 2019. Cusip number: 912796QH5.

Also, $33 billion in two-year notes, dated May 31, 2018, maturing May 31, 2020. Cusip number: 9128284Q0.

Noncompetitive tenders for the bills must be received by 11 a.m. EDT Tuesday and competitive tenders, by 11:30 a.m. For the notes, the deadlines are noon and 1 p.m., respectively.

Wednesday: $16 billion in one-year, 11-month 0.033% floating-rate notes, a reopening of an issue first sold on April 30, 2018, maturing April 30, 2020. Cusip number: 9128284K3.

Also, $36 billion in five-year notes, dated May 31, 2018, maturing May 31, 2023. Cusip number: 9128284S6.

Noncompetitive tenders for the FRNs must be received by 11 a.m. EDT Wednesday; competitive tenders, by 11:30 a.m. For the five-year notes, the deadlines are noon and 1 p.m., respectively.

Thursday: $30 billion in seven-year notes, dated May 31, 2018, maturing May 31, 2025. Cusip number: 9128284R8.

Noncompetitive tenders must be received by noon EDT Thursday; competitive tenders, by 1 p.m.

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