Between today and Thursday, the US Treasury will pound the market with $194 billion in net new supply. The total since March 24 will be $283 billion.
This is only the first installment of many weeks like this as the coronavirus checks go out.
| Date | Security Type | Total Offering | Total Publicly Held Maturing |
Net New Cash or (Pay Down) |
|---|---|---|---|---|
| 04/02/2020 | Bills | $153,000 | $80,035 | $72,965 |
| 04/01/2020 | Bills | $45,000 | $0 | $45,000 |
| 03/31/2020 | Bills | $170,000 | $93,517 | $76,483 |
| 03/31/2020 | Coupons | $125,000 | $82,478 | $42,522 |
| 03/27/2020 | Coupons | $18,000 | $0 | $18,000 |
| 03/26/2020 | Bills | $110,000 | $105,888 | $4,112 |
| 03/24/2020 | Bills | $110,000 | $88,992 | $21,008 |
Source: US Treasury Tactical and Strategic Market Bombing Planning Unit
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