US Treasury Unveils $125 Billion Refund Plan, Seeks $17.2 Billion Capital Raise from Private Investors

In an official statement reported by Reuters on Wednesday, the US Treasury Department unveiled its plan to refund a total of $125 billion for the upcoming May to July quarter, with intentions to secure $17.2 billion in fresh capital from private investors.

The Treasury outlined its agenda to conduct auctions totaling $58 billion in US three-year notes, $42 billion in 10-year notes, and $25 billion in 30-year bonds in the following week.

Moreover, the Treasury clarified that, based on current forecasts of borrowing requirements, there are no immediate plans to augment the sizes of nominal coupon or floating rate note auctions for at least the next few quarters.



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