Bessent announces Treasury will double buyback operation sizes from $2 billion to at least $4 billion starting September 9, 2026.
“The current maximum size of $2 billion per operation will be at least $4 billion per operation.”
Bessent announces Treasury is doubling buyback operations from $2 billion to at least $4 billion starting September 9, 2026.
“This change is effective September 9, 2026 and will be in effect for the remainder of this refunding quarter (through November 4, 2026).”
Bessent explains the buyback increase responds to consistent strong demand from market participants in longer-dated nominal sectors.
“This increase in buyback operation sizes reflects Treasury’s desire to provide greater liquidity support in longer-dated nominal sectors where there is consistent strong sponsorship from market participants, as evidenced by the significant volume of high-quality offers Treasury routinely receives in longer-dated buyback operations.”