(Reuters) – The U.S. Treasury has asked primary dealers for their input on whether it should make technical adjustments to its Treasury note and bond auction schedules in light of the massive run up in debt issuance to pay for COVID-19 emergency relief programs.
The Treasury on Friday said it also asked if dealers believe that the increased frequency of cash-management bill offerings are being well received and, as they are phased out, whether it should consider expanding benchmark bill offerings to include one of the CMB maturities.
The queries will be the focus of discussion between Treasury and primary dealers ahead of their quarterly meeting later this month.
(Reporting By Dan Burns; Editing by Chizu Nomiyama)
