WASHINGTON (dpa-AFX) - The Treasury Department announced the details of this month's auction of twenty-year bonds on Thursday.
The Treasury revealed plans to sell $16 billion worth of twenty-year bonds, with the results of the auction due to be announced next Wednesday.
Last month, the Treasury sold $13 billion worth of twenty-year bonds, attracting well above average demand.
The Treasury is due to announce the details of this month's auctions of two-year, five-year and seven-year notes next Thursday.
Last week, the Treasury revealed this month's auctions of three-year and ten-year notes and thirty-year bonds all attracted average demand.
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