2025-17558Notice

Treasury Hunts Billion-Dollar Bond Whales in 2025

Published Date: 9/11/2025

Notice

Summary

The U.S. Treasury wants big holders of certain long-term bonds to report if they own $6.9 billion or more by June 2, 2025. This helps keep track of who’s holding huge chunks of these bonds and makes the market clearer for everyone. If you’re one of these big players, get ready to share your info on time!

Analyzed Economic Effects

2 provisions identified: 1 benefits, 1 costs, 0 mixed.

Large holders must file $6.9B reports

Entities that held positions of $6.9 billion or more in the 4 5/8% Treasury Bonds of February 2055 as of June 2, 2025, must submit Large Position Reports to the U.S. Department of the Treasury. If you are one of those large holders, you need to prepare and file that report on the specified holdings.

Treasury aims to increase market transparency

The Treasury said collecting these Large Position Reports will help keep track of who holds very large positions and make the market clearer for everyone. This is intended to increase transparency about holdings in the 4 5/8% Treasury Bonds of February 2055.

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Key Dates

Effective Date
Published Date
6/2/2025
9/11/2025

Department and Agencies

Department
Independent Agency
Agency
Treasury Department
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