Don’t miss out on this opportunity to invest in Treasury inflation-protected securities

  • U.S. Treasury to auction $20 billion in reopened 4-year 10-month TIPS
  • Debt will settle on Dec. 29, 2023 and mature on Oct. 15, 2028
  • TIPS stands for Treasury inflation-protected securities
  • Coupon set at 2.375%
  • Noncompetitive tenders must be received by 12:00 PM ET, competitive tenders by 1:00 PM ET
  • Minimum denominations of $100
  • CUSIP number: 91282CJH5

The U.S. Treasury plans to auction $20 billion in reopened 4-year 10-month TIPS on Thursday. These Treasury inflation-protected securities will settle on Dec. 29, 2023, and mature on Oct. 15, 2028. TIPS are a great investment option for those looking to protect against inflation. The coupon for this debt is set at 2.375%. Noncompetitive tenders for the 4-year 10-month TIPS, available in minimum denominations of $100, must be received by 12:00 PM Eastern Time on Thursday. Competitive tenders, also available in minimum denominations of $100, must be received by 1:00 PM Eastern Time. Don’t miss out on this opportunity to invest in Treasury inflation-protected securities. The CUSIP number for this issue is 91282CJH5.

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Factuality Level: 10
Justification: The article provides factual information about the U.S. Treasury’s plan to auction $20 billion in reopened 4-year 10-month TIPS. It includes details such as the settlement and maturity dates, coupon rate, tender deadlines, and CUSIP number. The information is straightforward and does not contain any irrelevant or misleading information. There is no opinion or bias presented in the article. Overall, the article is factual and objective.

Noise Level: 9
Justification: The article provides specific details about the upcoming auction of TIPS by the U.S. Treasury. However, it lacks any analysis, insights, or relevance to broader trends or consequences. It is purely informational and does not provide any actionable insights or new knowledge for the reader.

Financial Relevance: Yes
Financial Markets Impacted: The auction of $20 billion in reopened 4-year 10-month TIPS may impact the bond market and investors interested in Treasury inflation-protected securities.

Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The article pertains to financial topics as it discusses the U.S. Treasury’s plan to auction TIPS. However, there is no mention of an extreme event or its impact.

Reported publicly: www.marketwatch.com