Friday, July 24, 2009

Here It Comes: The Treasury Auction Schedule

The Treasury is abouit to raise two hundred thirty-five billion dollars over the next week. Almost one quarter of a trillion dollars.

Will the markets be able to survive this money suction by the Treasury? We will know the answer by the end of next week. Remember, this money raise is coming while the Fed is tight.

Interesting, very interesting. Here's the schedule.

70 day CMBs, $30 billion (today)

13 week Bills, $32 billion (July 27th)

26 week Bills, $31 billion (July 27th)

52 week Bills, $27 billion (July 28th)

2 year Notes, $42 billion (July 28th)

5 year Notes, $39 billion (July 29th)

7 year Notes, $28 billion (July 30th)

19 year, 6 month TIPS (reopened), $6 billion (July 27th)

Via Karl Denninger

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