We are not expecting any major surprises. Coupon issuance set to be left unchanged with another 125 BN USD 3/10/30 year package. We might see TIPS being increased by 1 BN USD in the 5 year segment or even a 10 year TIPS offering. Oct-Dec borrowing estimates range from 450-620 BN USD depending on year end cash balance target & assuming an unchanged QT.
