The US Treasury said it is postponing its regularly scheduled debt buyback operation slated for Wednesday due to technical difficulties.
The department said in e-mailed statement that it would hold the planned buyback on Thursday, July 18. As part of the new debt-buyback program the Treasury began this year, the department was slated to repurchase as much as $2 billion of nominal debt with a maturity of three- to five years at a Wednesday auction.
The technical problem, which has since been addressed, was related to the TreasuryDirect system, a spokesperson said, without providing further details on the issue. TreasuryDirect ...
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