Quarterly Refunding Statement of Deputy Assistant Secretary for Federal Finance Brian Smith

WASHINGTON — The U.S. Department of the Treasury is offering $96 billion of Treasury securities to refund approximately $57 billion of privately-held Treasury notes and bonds maturing on May 15, 2020. This issuance will raise new cash of approximately $39 billion. The securities are:- A 3-year note in the amount of $42 billion, maturing May 15, 2023;- A 10-year note in the amount of $32 billion, maturing May 15, 2030; and- A 30-year bond in the amount of $22 billion, maturing May 15, 2050.The 3-year note will be auctioned on a yield basis at 1:00 p.m. EDT on Monday, May 11, 2020. The 10-year note will be auctioned on a yield basis at 1:00 p.m. EDT on Tuesday, May 12, 2020. The 30-year bond will be auctioned on a yield basis at 1:00 p.m.