US Treasury Buys Back $12.5 Billion of Treasuries
JH Kim
Summary
- The US Treasury bought back a total of $12.5 billion of its own Treasuries through a Treasury buyback program.
- The latest Treasury buyback was carried out by purchasing previously issued Treasuries in the market.
- The US Treasury regularly conducts buybacks to support Treasury market liquidity and improve the efficiency of cash and debt management.
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The US Treasury recently bought back a total of $12.5 billion of its own Treasuries through a Treasury buyback program.
Cointelegraph reported on Sept. 3 that the Treasury repurchased $12.5 billion of Treasuries in its latest buyback operation.
A Treasury buyback involves the department purchasing previously issued government bonds in the open market.
The US Treasury regularly conducts buybacks to support liquidity in the Treasury market and improve the efficiency of its cash and debt management.
JH Kim
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