ES Friday 11-21-14 : Hot Topic

Treasury Refunding Announcement

Search Dictionary

Definition of 'Treasury Refunding Announcement'

Every quarter the Office of Debt Management at the United States Department of the Treasury announces its funding needs for the next two quarters. The announcement details which securities will be offered and the dates of their announcement, auction and settlement.

This is mostly of interest to bond traders who will be looking at the amount of debt that is to be issued so that they can gauge the supply of debt in the market. Debt that is being redeemed in the following six months will offset any new debt that the government may be issuing and this net increase (or decrease) will impact the yield of the bonds to be issued.

Do you have a trading or investing definition for our dictionary? Click the Create Definition link to add your own definition. You will earn 150 bonus reputation points for each definition that is accepted.

Is this definition wrong? Let us know by posting to the forum and we will correct it.