Don’t miss out on this opportunity to invest in U.S. Treasury debt

  • U.S. Treasury to auction $26 billion in reopened 1-year 10-month FRNs
  • Debt will settle on Dec. 29, 2023 and mature on Oct. 31, 2025
  • Noncompetitive tenders must be received by 12:00 PM ET, competitive tenders by 1:00 PM ET
  • Minimum denominations of $100
  • CUSIP number: 91282CJD4

The U.S. Treasury is planning to auction $26 billion in reopened 1-year 10-month FRNs on Wednesday. This debt, which settles on December 29, 2023, and matures on October 31, 2025, is a reopening of an issue first sold on October 31, 2023. Noncompetitive tenders for the 1-year 10-month FRNs, available in minimum denominations of $100, must be received by 12:00 PM Eastern Time on Wednesday. Competitive tenders, also available in minimum denominations of $100, must be received by 1:00 PM Eastern Time. The CUSIP number for this debt is 91282CJD4. Don’t miss out on this opportunity to invest in U.S. Treasury debt.

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Factuality Level: 10
Justification: The article provides factual information about the U.S. Treasury’s plan to auction $26 billion in reopened 1-year 10-month frns. It includes details such as the settlement date, maturity date, reopening of the issue, tender deadlines, and the 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, and the information is accurately reported.

Noise Level: 2
Justification: The article provides clear and concise information about the upcoming auction of U.S. Treasury debt. It includes details such as the amount to be auctioned, settlement and maturity dates, and tender deadlines. The article stays on topic and does not dive into unrelated territories. However, it lacks analysis, evidence, or actionable insights, which lowers its overall noise level rating.

Financial Relevance: Yes
Financial Markets Impacted: The auction of $26 billion in reopened 1-year 10-month frns by the U.S. Treasury may impact the bond market and investors.

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 government debt. However, there is no mention of any extreme event or its impact.

Reported publicly: www.marketwatch.com