NEW YORK - The Treasury Department auctioned $35 billion of five-year notes, with a 1 1/4% coupon, a 1.330% high yield, a price of 99.614432.
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The bid-to-cover ratio was 2.82.
Tenders at the high yield were allotted 83.81%. All competitive tenders at lower yields were accepted in full.
The median yield was 1.288%. The low yield was 1.197%.
Tenders totaled $98,690,091,400 and the Treasury accepted $35,000,032,000 including $54,241,400 non-competitive.
The Fed banks bought $717,474,500 for their own account in exchange for maturing securities.
The notes, which are dated October 31, will mature October 31, 2015.
