# Treasury Quarterly Refunding Update — August 2026

Published August 6, 2026 by Anaïs Howland, CFA.

Treasury kept nominal coupon and floating-rate note auction sizes unchanged, even as borrowing estimates increased. Current guidance points to potential coupon increases in early 2027 as the projected funding gap grows.

## What this report covers

- Quarterly refunding composition
- Coupon and floating-rate note auction sizes
- Borrowing needs and the issuance outlook

This page is a concise public preview. [Request Oasive access](https://oasive.ai/join) for the complete research library, custom reports, and interactive follow-up.