AUCTION FUNDAMENTALS

Treasury Notes, Bonds, FRNs, and TIPS Monthly Patterns

The following is the current pattern of financing for marketable U. S. Treasury notes, bonds, FRNs, and TIPS. The events are listed in the order in which they normally occur. This outline is provided solely for reference and is not intended to convey information about any particular offering.

Current information on specific upcoming auctions may be obtained from:

January: Announce 3-year note, 10-year note*, and 30-year bond*
Auction 3-year note
Auction 10-year note*
Auction 30-year bond*
Announce 10-year TIPS
Issue 3-year note, 10-year note*, and 30-year bond*
Announce 2-year note, 5-year note, and 7-year note
Announce 2-year FRN
Auction 10-year TIPS
Auction 2-year note
Auction 2-year FRN
Auction 5-year note
Auction 7-year note
Issue 10-year TIPS
Issue 2-year note, 2-year FRN, 5-year note, and 7-year note
February: Announce 3-year note, 10-year note, and 30-year bond
Auction 3-year note
Auction 10-year note
Auction 30-year bond
Announce 30-year TIPS
Issue 3-year note, 10-year note, and 30-year bond
Announce 2-year note, 5-year note, and 7-year note
Announce 2-year FRN*
Auction 30-year TIPS
Auction 2-year note
Auction 2-year FRN*
Auction 5-year note
Auction 7-year note
Issue 2-year FRN*
Issue 30-year TIPS
Issue 2-year note, 5-year note, and 7-year note
March: Announce 3-year note, 10-year note*, and 30-year bond*
Auction 3-year note
Auction 10-year note*
Auction 30-year bond*
Announce 10-year TIPS*
Issue 3-year note, 10-year note*, and 30-year bond*
Announce 2-year note, 5-year note, and 7-year note
Announce 2-year FRN*
Auction 10-year TIPS*
Auction 2-year note
Auction 2-year FRN*
Auction 5-year note
Auction 7-year note
Issue 2-year FRN*
Issue 10-year TIPS*
Issue 2-year note, 5-year note, and 7-year note
April: Announce 3-year note, 10-year note*, and 30-year bond*
Auction 3-year note
Auction 10-year note*
Auction 30-year bond*
Announce 5-year TIPS
Issue 3-year note, 10-year note*, and 30-year bond*
Announce 2-year note, 5-year note, and 7-year note
Announce 2-year FRN
Auction 5-year TIPS
Auction 2-year note
Auction 2-year FRN
Auction 5-year note
Auction 7-year note
Issue 5-year TIPS
Issue 2-year note, 2-year FRN, 5-year note, and 7-year note
May: Announce 3-year note, 10-year note, and 30-year bond
Auction 3-year note
Auction 10-year note
Auction 30-year bond
Announce 10-year TIPS*
Issue 3-year note, 10-year note, and 30-year bond
Announce 2-year note, 5-year note, and 7-year note
Announce 2-year FRN*
Auction 10-year TIPS*
Auction 2-year note
Auction 2-year FRN*
Auction 5-year note
Auction 7-year note
Issue 2-year FRN*
Issue 10-year TIPS*
Issue 2-year note, 5-year note, and 7-year note
June: Announce 3-year note, 10-year note* and 30-year bond*
Auction 3-year note
Auction 10-year note*
Auction 30-year bond*
Announce 30-year TIPS*
Issue 3-year note, 10-year note*, and 30-year bond*
Announce 2-year note, 5-year note, and 7-year note
Announce 2-year FRN*
Auction 30-year TIPS*
Auction 2-year note
Auction 2-year FRN*
Auction 5-year note
Auction 7-year note
Issue 2-year FRN*
Issue 30-year TIPS*
Issue 2-year note, 5-year note, and 7-year note
July: Announce 3-year note, 10-year note*, and 30-year bond*
Auction 3-year note
Auction 10-year note*
Auction 30-year bond*
Announce 10-year TIPS
Issue 3-year note, 10-year note*, and 30-year bond*
Announce 2-year note, 5-year note, and 7-year note
Announce 2-year FRN
Auction 10-year TIPS
Auction 2-year note
Auction 2-year FRN
Auction 5-year note
Auction 7-year note
Issue 10-year TIPS
Issue 2-year note, 2-year FRN, 5-year note, and 7-year note
August: Announce 3-year note, 10-year note, and 30-year bond
Auction 3-year note
Auction 10-year note
Auction 30-year bond
Announce 5-year TIPS*
Issue 3-year note, 10-year note, and 30-year bond
Announce 2-year note, 5-year note, and 7-year note
Announce 2-year FRN*
Auction 5-year TIPS*
Auction 2-year note
Auction 2-year FRN*
Auction 5-year note
Auction 7-year note
Issue 2-year FRN*
Issue 5-year TIPS*
Issue 2-year note, 5-year note, and 7-year note
September: Announce 3-year note, 10-year note*, and 30-year bond*
Auction 3-year note
Auction 10-year note*
Auction 30-year bond*
Announce 10-year TIPS*
Issue 3-year note, 10-year note*, and 30-year bond*
Announce 2-year note, 5-year note, and 7-year note
Announce 2-year FRN*
Auction 10-year TIPS*
Auction 2-year note
Auction 2-year FRN*
Auction 5-year note
Auction 7-year note
Issue 2-year FRN*
Issue 10-year TIPS*
Issue 2-year note, 5-year note, and 7-year note
October: Announce 3-year note, 10-year note*, and 30-year bond*
Auction 3-year note
Auction 10-year note*
Auction 30-year bond*
Announce 30-year TIPS*
Issue 3-year note, 10-year note*, and 30-year bond*
Announce 2-year note, 5-year note, and 7-year note
Announce 2-year FRN
Auction 30-year TIPS*
Auction 2-year note
Auction 2-year FRN
Auction 5-year note
Auction 7-year note
Issue 30-year TIPS*
Issue 2-year note, 2-year FRN, 5-year note, and 7-year note
November: Announce 3-year note, 10-year note, and 30-year bond
Auction 3-year note
Auction 10-year note
Auction 30-year bond
Announce 10-year TIPS*
Issue 3-year note, 10-year note, and 30-year bond
Announce 2-year note, 5-year note, and 7-year note
Announce 2-year FRN*
Auction 10-year TIPS*
Auction 2-year note
Auction 2-year FRN*
Auction 5-year note
Auction 7-year note
Issue 2-year FRN*
Issue 10-year TIPS*
Issue 2-year note,5-year note, and 7-year note
December: Announce 3-year note, 10-year note*, and 30-year bond*
Auction 3-year note
Auction 10-year note*
Auction 30-year bond*
Announce 5-year TIPS*
Issue 3-year note, 10-year note*, and 30-year bond*
Announce 2-year note, 5-year note, and 7-year note
Announce 2-year FRN*
Auction 5-year TIPS*
Auction 2-year note
Auction 2-year FRN*
Auction 5-year note
Auction 7-year note
Issue 2-year FRN*
Issue 5-year TIPS*
Issue 2-year note, 5-year note, and 7-year note

* Denotes a reopening: all other securities without asterisks are original issues. Refer to Treasury Reopenings for more information on reopenings.