Treasury Auction Schedule for Week of 6/29/2009

Treasury Department will auction the following Treasury securities in the week of June 29, 2009.

Monday June 29, 2009

• 13-week bill: $32 billion (up $1 billion from previous auction)
• 26-week bill: $30 billion

Tuesday Jun 30, 2009

• 52-week bill: $27 billion (up $1 billion from previous auction; up $5 billion from January 2009 auction)

4-week bill is also tentatively scheduled to be auctioned on Tuesday.

Total for the week: $89 billion without 4-week bill (yet to be officially scheduled)

• Bills: $89 billion

Total for the month of June 2009 before these auctions: $535 billion

• Bills: $366 billion
• Notes and bonds: $169 billion

Treasury Auction Result For Week of 6/22/2009

Treasury Department auctioned the following Treasury securities in the week of June 22, 2009. For details for each auction, click on the date.

Monday June 22, 2009

• 13-week bill: $31 billion
• 26-week bill: $30 billion

Tuesday June 23, 2009

• 4-week bill: $29 billion
• 2-year note: $40 billion

Wednesday June 24, 2009

• 5-year note: $37 billion

Thursday June 25, 2009

• 7-year note: $27 billion

Total for the week: $194 billion

• Bills: $90 billion
• Notes: $104 billion

Total so far for the month of June: $535 billion

• Bills: $366 billion (includes $26 billion 1-year bill)
• Notes and bonds: $169 billion

Total additional purchase by SOMA* for the week:

• 4-week bill: $2.42 billion
• 2-year note: $1.16 billion
• 5-year note: $1.07 billion
• 7-year note: $0.78 billion

Total additional purchase so far by SOMA for the month of June:

• Bills: $18.43 billion (4-week bill)
• Notes and bonds: $ 3.70 billion

*SOMA = System Open Market Account at Federal Reserve New York

Treasury Auction Result for 6/25/2009

The U.S. Treasury Department auctioned the following Treasury securities today.

7-year note: $27 billion

• Primary Dealer: $8.27 billion
• Indirect Bidder: $18.12 billion
• Indirect Bidder %: 67%
• Bid to Cover Ratio: 2.82

Bid to Cover Ratio is the highest ever. (7-year note was never sold before this year.)

Indirect Bidder percentage is also the highest.

In addition,

• SOMA: $0.784 billion

New York Fed Open Market Operation 6/25/2009

As part of permanent Open Market Operations (OMO), the New York Fed purchased the Treasury securities today:

• Operation type: Outright Coupon Purchase
• Total Par Amount Accepted: $3,249 million
• Total Par Amount Submitted: $9,526 million
• Maturity/Call Date Range: 08/15/2026 - 05/15/2039

Treasury Auction Result for 6/24/2009

The U.S. Treasury Department auctioned the following Treasury securities today.

5-year note: $37 billion

• Primary Dealer: $12.65 billion
• Indirect Bidder: $23.17 billion
• Indirect Bidder %: 63%
• Bid to Cover Ratio: 2.58

Bid to Cover Ratio is the highest so far this year.

In addition,

• SOMA: $1.07 billion
  (SOMA stands for System Open Market Account at Federal Reserve New York.)

Treasury Auction Result for 6/23/2009

The U.S. Treasury Department auctioned the following Treasury securities today.

4-week bill: $29 billion

• Primary Dealer: $14.92 billion
• Indirect Bidder: $9.52 billion
• Indirect Bidder %: 33%
• Bid to Cover Ratio: 3.35

2-year note: $40 billion

• Primary Dealer: $10.97 billion
• Indirect Bidder: $27.18 billion
• Indirect Bidder %: 68%
• Bid to Call Ratio: 3.19 (First time this year above 3)

New York Fed Open Market Operation 6/23/2009

As part of permanent Open Market Operations (OMO), the New York Fed purchased the agency bonds today:

• Operation type: Outright Agency Coupon Purchase
• Total Par Amount Accepted: $2,072 million
• Total Par Amount Submitted: $4,838 million

New York Fed Open Market Operation 6/22/2009

As part of permanent Open Market Operations (OMO), the New York Fed purchased the Treasury securities today:

• Operation type: Outright Coupon Purchase
• Total Par Amount Accepted: $7,497 million
• Total Par Amount Submitted: $20,736 million
• Maturity/Call Date Range: 12/31/2013 - 04/30/2016

Treasury Auction Result for 6/22/2009

The U.S. Treasury Department auctioned the following Treasury bills today.

13-week bill: $31 billion

• Primary Dealer: $16.97 billion
• Indirect Bidder: $8.87 billion
• Indirect Bidder %: 29%
• Bid to Cover Ratio: 2.79

26-week bill: $30 billion

• Primary Dealer: $11.70 billion
• Indirect Bidder: $13.15 billion
• Indirect Bidder %: 44%
• Bid to Cover Ratio: 2.72

Bid to Cover Ratio for both auctions dipped below 3.0, which was the first for 13-week bill since February, and for 26-week bill since late April.

Treasury Auctions for Week of 6/22/2009

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

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 (before this week's auctions) for the month of June: $341 billion

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