Treasury Shifts Seven-Year Notes to Quarterly Issues Starting in March 2027

The U.S. Treasury will shift seven-year notes to quarterly new issues in March 2027, with two reopenings after each sale, changing its issuance cycle while keeping auctions at month-end. The new calendar starts with a March issue and reopenings in April and May. Treasury’s current schedule calls for new seven-year issues every month; under the new plan, new issues will come quarterly, while auctions, issuance and maturities all remain at month-end. The schedule change accompanied the November refunding.

Source: TokenPost