US To Sell $24 Bln In Reopened 29-Year 10-Month Bonds Wed – MarketWatch

WASHINGTON (Dow Jones)–The U.S. Treasury plans to auction $24 billion in reopened 29-year 10-month bonds Wednesday.

The debt will settle on Oct. 15, 2021 and will mature Aug. 15, 2051.

The debt is a reopening of an issue first sold on Aug. 16, 2021.The coupon is set at 2.000%.

The Federal Reserve holds $9.029 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 29-year 10-month bonds, available in minimum denominations of $100, must be received by 12:00 PM Eastern Time Wednesday. Competitive tenders available in minimum denominations of $100, must be received by 1:00 PM Eastern Time.

The CUSIP number is 912810SZ2.

(Data provided by the U.S. Treasury Dept.)