The U.S. Treasury Department announced Thursday that it plans to offer longer-dated debt for auction next week totaling $119 billion, spread across three-year, 10-year and 30-year maturities.
Breakdown of the debt tranches
The department plans to offer $58 billion in three-year notes and $39 billion in 10-year notes, before concluding the offering week with a $22 billion sale of 30-year bonds.
The auction result for the three-year notes is scheduled to be announced next Tuesday, followed by the result for the 10-year notes on Wednesday and the result for the 30-year bonds on Thursday.
Previous offering
Last month, the department sold $119 billion in debt across three tranches, comprising $58 billion in three-year notes, $39 billion in 10-year notes and $22 billion in 30-year bonds. Demand for all three offerings was above average.