Press Releases

Quarterly Refunding Statement of Deputy Assistant Secretary for Federal Finance James G. Clark

(Archived Content)

​WASHINGTON – The U.S. Department of the Treasury is offering $62 billion of Treasury securities to refund approximately $48.2 billion of privately-held Treasury notes maturing on August 15, 2016.  This will raise new cash of approximately $13.8 billion.  The securities are:
-        A 3-year note in the amount of $24 billion, maturing August 15, 2019;
-        A 10-year note in the amount of $23 billion, maturing August 15, 2026; and
-        A 30-year bond in the amount of $15 billion, maturing August 15, 2046.
 
The 3-year note will be auctioned on a yield basis at 1:00 p.m. ET on Tuesday, August 9, 2016.  The 10-year note will be auctioned on a yield basis at 1:00 p.m. ET on Wednesday, August 10, 2016.  The 30-year bond will be auctioned on a yield basis at 1:00 p.m. ET on Thursday, August 11, 2016.  All of these auctions will settle on Monday, August 15, 2016.