US Treasury to Sell $183 Billion in Long-Term Bonds

The US Treasury announced its intention to issue a new amount of long-term bonds for subscription next week, totaling $183 billion.

The Treasury said in a statement that it will offer $69 billion in two-year bonds and $70 billion in five-year bonds, concluding the offering week with $44 billion in seven-year bonds.

Last month, the Treasury sold $69 billion in two-year bonds and $70 billion in five-year bonds, and concluded the offering week with $44 billion in seven-year bonds. Demand for the two-year bonds was below average, while demand for the five- and seven-year bonds was within average range.

Last Monday, it also sold $16 billion in 20-year bonds, with above-average demand.