Treasury says it will issue additional $42 billion of new bonds, notes this quarter

• January 31, 2018
• realestate
• Announcements, Business & Markets, Real Estate, Real Estate Finance, Your Real Estate Life

The Treasury Department on Wednesday said it plans to raise the size of upcoming bond and note auctions this quarter by $42 billion to meet the increased funding needs from the Federal Reserve’s shrinking of its balance sheet and the recently passed tax bill. The department also announced it will auction $66 billion in notes and bonds next week in its quarterly refunding auctions, $4 billion more than last quarter. Treasury said that it will only be able to fund the government through the end of February unless Congress raises the debt ceiling. Treasury will increase the size of 2-year and 3-year note auctions by $2 billion per month this quarter. In addition, Treasury will increase the auction sizes to each of the next offerings of 5-year, 7-year, 10-year notes and the 30-year bond auctions starting in February.