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Next Treasury Auction to Seek $20.5 Billion

Associated Press

The Treasury announced plans Tuesday to raise $20.5 billion next week and $30.6 billion in the quarter to help finance the government’s soaring budget debt.

The quarter’s total is down slightly from the first three months of the year.

The auctions next week call for:

- $8 billion in three-year notes in minimum denominations of $5,000 to be auctioned Tuesday.

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- $6.5 billion in 10-year notes in minimum denominations of $1,000 to be auctioned Wednesday.

- $6 billion in 30-year-bonds in minimum denominations of $1,000 to be auctioned Thursday.


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