U.S. Treasury doubles long-end liquidity buyback caps
The U.S. Treasury will at least double maximum liquidity-support buybacks for longer-dated nominal Treasuries to at least $4B per operation starting September 9 through November 4.
S. S. Treasury will at least double the maximum size of liquidity-support buybacks for longer-dated nominal Treasuries, covering the 10—20 year and 20—30 year sectors. · Maximum purchases will rise from $2B to at least $4B per operation, reflecting Treasury's push to provide greater liquidity support in long-duration markets.
· The change takes effect September 9 and will remain in place through November 4, with future buyback sizes to be addressed at the next Quarterly Refunding.