Quantcast
News

Treasury 2-Year Notes Auctioned At 0.288% High Yield

The Treasury Department Tuesday auctioned $35 billion of two-year notes with a 1/4% coupon at a 0.288% yield, a price of 99.924273.

The bid-to-cover ratio was 3.77%

Tenders at the high yield were allotted 13.41%.

The median yield was 0.269%. The low yield was 0.225%.

Tenders totaled $131,783,486,200 and the Treasury accepted $35,000,111,200, including $167,386,200 non-competitive.

The Fed banks bought nothing for their own account in exchange for maturing securities.

The two-year notes are dated Jan. 31 and due Jan. 31, 2015.

JOIN THE DISCUSSION

SEE MORE IN

Comments (0)

Be the first to comment on this post using the section below.

Add Your Comments:
Not Registered?
You must be registered to post a comment. Click here to register.
Already registered? Log in here
Please note you must now log in with your email address and password.

Upcoming Events

Already a subscriber? Log in here
Please note you must now log in with your email address and password.