On November 5, 2025, the US Treasury announced a significant $2 billion debt buyback operation, focusing on nominal coupon securities set to mature between 2035 and 2045. This move is part of a broader strategy aimed at managing liquidity and minimizing interest costs, as the publication provides the following information.
Buyback Operation Overview
The buyback operation, led by Brian Smith, Deputy Assistant Secretary for Federal Finance, seeks to replace higher-yielding debt with securities that offer lower yields. This strategic shuffle is expected to primarily affect nominal coupon bonds within the 10 to 20-year maturity range. However, it is important to note that there is currently no confirmed direct impact on cryptocurrency markets as a result of this operation.
Historical Context
Historically, the Treasury has engaged in buyback activities, with the last notable instance occurring in 2002 during a period of budget surplus.
Additional Resources
For those interested in further details, updates can be found in the following sources:
- Tentative Buyback Schedule
- Other Treasury communications regarding budgetary actions
These resources provide valuable insights into the Treasury's activities.
On November 6, 2025, the Hong Kong Monetary Authority announced its Fintech 2023 Strategy, which aims to modernize the city's financial infrastructure. This initiative contrasts with the recent US Treasury's $2 billion debt buyback operation. For more details, see read more.







