NEW YORK - The Treasury Department auctioned $35 billion of five-year notes, with a 1 1/2% coupon, a 1.615% high yield, a price of 99.449734.
Processing Content
The bid-to-cover ratio was 2.59.
Tenders at the high yield were allotted 35.97%. All competitive tenders at lower yields were accepted in full.
The median yield was 1.550%. The low yield was 1.470%.
Tenders totaled $90,601,155,800 and the Treasury accepted $35,000,035,800 including $37,884,800 non-competitive.
The Fed banks bought $1,126,806,200 for their own account in exchange for maturing securities.
The notes, which are dated June 30, will mature June 30, 2016.
