The US Treasury Department has announced plans to auction a total of $119 billion in bonds next week.
The offerings include three categories with maturities of three years, ten years and thirty years.
The department will begin the subscription program with a $58 billion offering of three-year notes.
It will then offer $39 billion in ten-year notes, closing out the week with $22 billion in thirty-year bonds.
According to the German Press Agency, the department will announce the results of the three-year note auction next Tuesday.
It will also announce the results of the ten-year note auction on Wednesday, and reveal the results of the thirty-year bond auction on Thursday.
Last month, the US Treasury sold bonds of the same total value, distributed across the same three tranches.
Demand for all the offerings came in above average at the time, reflecting strong investor appetite for the auctions.
As a result, the Treasury is maintaining the same issuance sizes as previous offerings and the same distribution across the three maturities in the upcoming auction, while the auction results will show the level of demand for each tranche compared to past offerings.
