US To Sell $24 Bln In Reopened 19-Year 10-Month Bonds Wed

WASHINGTON (Dow Jones)--The U.S. Treasury plans to auction $24 billion in reopened 19-year 10-month bonds Wednesday.

The debt will settle on Nov. 01, 2021 and will mature Aug. 15, 2041.

The debt is a reopening of an issue first sold on Aug. 31, 2021.The coupon is set at 1.750%.

The Federal Reserve holds $23.891 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 19-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 912810TA6.

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