Thursday, June 18, 2009

Treasury Auctions for Week of June 22, 2009

Treasury Department will auction the following Treasury securities in the week of June 22, 2009. Hang on...

Monday June 22, 2009

  • 13-week bill: $31 billion
  • 26-week bill: $30 billion
Tuesday June 23, 2009

  • 2-year note: $40 billion
Wednesday June 24, 2009

  • 5-year note: $37 billion (up $2 billion from $35 billion last month)
Thursday June 25, 2009

  • 7-year note: $27 billion (up $1 billion from $26 billion last month)

Total for the week: $166 billion

  • Bills: $61 billion
  • Notes: $104 billion

Total SO FAR for the month of June: $341 billion

  • Bills: $276 billion (includes $26 billion 1-year bill)
  • Notes and bonds: $65 billion

If you think that's too much debt, think this gets repeated every single month for the rest of the year, if not longer. On course to annual $2 trillion debt in notes and bonds (it will be about $300 billion more if I include 1-year bill).

FYI, watch out if New York Fed will do any open market operation, particularly days when they auction notes. (http://www.newyorkfed.org/markets/openmarket.html)

0 comments:

Post a Comment