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US Treasury buys back $12.5 billion of previously issued debt

  • US Treasury repurchased previously issued government bonds through its buyback program.
  • $12.5 billion in Treasuries was bought during the latest operation.
  • Cointelegraph reported the transaction on Sept. 3.

The US Treasury repurchased $12.5 billion of previously issued Treasuries through its latest Treasury buyback program, Cointelegraph reported on Sept. 3. The operation involved buying government bonds in the open market, part of the department's regular efforts to support liquidity in the Treasury market and improve the efficiency of cash and debt management.

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