Treasury Auctions

The Bureau of the Public Debt (Off-site Link) sells Treasury Bills, Notes and Treasury Inflation-Protected Securities at approximately 200 auctions each year to raise the cash needed to operate the federal government and to refund maturing securities. Federal Reserve Banks assist in the auction by accepting and processing tenders, issuing securities to the successful bidders, and serving financial institutions.

For more information about Treasury Auctions, visit the Auctions page at TreasuryDirect.gov (Off-site Link).