US To Sell $18 Bln In Reopened 4-Year 10-Month TIPS Thu - MarketWatch

WASHINGTON (Dow Jones)--The U.S. Treasury plans to auction $18 billion in reopened 4-year 10-month TIPS Thursday.

The debt will settle on June 30, 2022 and will mature April 15, 2027.

TIPS is short for Treasury inflation-protected securities.

The debt is a reopening of an issue first sold on April 29, 2022.The coupon is set at 0.125%.

The Federal Reserve holds $33.334 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 4-year 10-month TIPS, available in minimum denominations of $100, must be received by 12:00 PM Eastern Time Thursday. Competitive tenders available in minimum denominations of $100, must be received by 1:00 PM Eastern Time.

The CUSIP number is 91282CEJ6.

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

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