02 November 2005

U.S. Brings Back 30-Year Treasury Bond

By MARTIN CRUTSINGER
The Associated Press
Wednesday, November 2, 2005; 10:28 AM

WASHINGTON -- The new 30-year bond will debut on Feb. 9, helping the U.S. Treasury to raise an estimated record $171 billion during the January-March quarter, the government announced Wednesday.

The Treasury Department said the first 30-year bonds will be auctioned on Feb. 9 and the total amount of bonds that will be sold will be announced on Feb. 1. The government had announced in August that it was bringing back the 30-year bond but it had not specified the date for the first auction.

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