US Treasury says it will double some liquidity support buyback operations
TLT•Treasury to increase buyback size
The U.S. Treasury Department said on Wednesday it would double the size of liquidity support buyback operations for longer-dated nominal coupon securities from $2 billion to at least $4 billion per operation.
The change will apply to the 10-year to 20-year sector and the 20-year to 30-year sector, and will be effective Sept. 9 through Nov. 4, the department said in a statement.
