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Treasury Reveals Details Of Two-Five, Five-Year And Seven-Year Note Auctions

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Treasury Reveals Details Of Two-Five, Five-Year And Seven-Year Note Auctions

The Treasury Department announced the details of this month’s auctions of two-year, five-year, and seven-year notes on Thursday.

The Treasury said it plans to sell $40 billion worth of two-year notes, $41 billion worth of five-year notes and $32 billion worth of seven-year notes.

The results of the two-year note auction will be announced next Monday, the results of the five-year note auction will be announced next Tuesday and the results of the seven-year note auction will be announced next Thursday.

Last month, the Treasury also sold $40 billion worth of two-year notes, $41 billion worth of five-year notes and $32 billion worth of seven-year notes.

The two-year and five-year note auctions attracted above average demand, while the seven-year note attracted average demand.

The material has been provided by InstaForex Company – www.instaforex.com