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Nov 4 2009, 1:40 pm

US Treasury Resumes 30-year TIPS In Record Refunding

News

The U.S. Treasury on Wednesday announced a record $81 billion quarterly debt refunding and will replace its 20-year inflation-indexed note with a 30-year version as it seeks to lengthen maturities.

The Treasury said it was considering more frequent auctions of its Treasury Inflation-Protected Securities after its borrowing advisory committee recommended additional TIPS issuance.

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