US Treasury to sell $34 bln debt in refunding

WASHINGTON, May 3 (Reuters) The U.S. Treasury said on Wednesday it will sell billion in securities in its quarterly sales of refunding auctions next week.

The Treasury said it will sell billion of three-year notes on Tuesday May 9, and billion of 10-year notes on Thursday, May 11.

The auction will refund about .86 billion of publicly held securities maturing or called on May 15 and will pay down about .86 billion of debt.

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