Investment funds buy $23.931 billion 2-year note in September - U.S. Treasury
Reuters
Published Oct 07, 2022 03:21PM ET
REUTERS - Large investment managers bought $23.931 billion at a 2-year note auction held in September, compared with the $24.193 billion they purchased the previous month, data from the U.S. Treasury Department released on Friday showed.
Overseas investors, another major group of holders of U.S. government debt, bought $7.391 billion of the latest 2-year supply, compared with $8.444 billion they purchased the previous month, according to the Treasury Department’s auction allotment data.
The Treasury also sold some of $43 billion of 2-year notes earlier this month to banks, pension funds and Wall Street bond dealers.
At other auctions held the same week as the 2-year auction, large investment managers bought $27.713 billion of 5-year notes, compared with the $29.317 billion they purchased the previous month. They bought $25.684 billion in 7-year debt versus $26.826 billion the prior month.
Overseas investors bought $5.747 billion of the latest 5-year supply, compared with $5.573 billion they purchased the previous month.
They bought $5.144 billion of 7-year debt versus $6.427 billion the prior month.
The Treasury offered $44 billion in 5-year notes and $36 billion in 7-year debt.
At the Treasury’s monthly floating-rate note (FRN) auction, large money managers bought $7.386 billion of the $22 billion issued. Foreign investors purchased $4.840 billion of the latest 2-year FRN supply.
As for the month’s supply of Treasury Inflation-Protected Securities (TIPS), the Treasury offered $15 billion in 10-Year TIPS Note of
which investment funds bought $12.052 billion and foreign investors purchased $1.700 billion.
Get The News You Want
Written By: Reuters
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.