The Treasury Department auctioned $35 billion of five-year notes, with a 1 1/2% coupon, a 1.567% high yield, a price of 99.678995.
The bid-to-cover ratio was 2.36.
Tenders at the high yield were allotted 66.90%. All competitive tenders at lower yields were accepted in full.
The median yield was 1.526%. The low yield was 1.450%.
Tenders totaled $82,588,955,000 and the Treasury accepted $35,000,002,000 including $58,212,000 non-competitive.
The Fed banks bought nothing for their own account in exchange for maturing securities.
The notes, which are dated Oct. 31, will mature Oct. 31, 2019.
