WASHINGTON (Dow Jones)–The U.S. Treasury plans to auction $15 billion in reopened 9-year 8-month TIPS Tuesday.
The debt will settle on Nov. 30, 2023 and will mature July 15, 2033.
TIPS is short for Treasury inflation-protected securities.
The debt is a reopening of an issue first sold on July 31, 2023.The coupon is set at 1.375%.
The Federal Reserve holds $31.564 billion of maturing securities for its own account. Amounts bid by the Federal Reserve banks for their own account will be in addition to the public offering amount.
Noncompetitive tenders for the 9-year 8-month TIPS, available in minimum denominations of $100, must be received by 12:00 PM Eastern Time Tuesday. Competitive tenders available in minimum denominations of $100, must be received by 1:00 PM Eastern Time.
The CUSIP number is 91282CHP9.
(Data provided by the U.S. Treasury Dept.)
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