The Treasury Department auctioned $34 billion of five-year notes, with a 1 7/8% coupon, a 1.875% high yield, a price of 99.999953.
The bid-to-cover ratio was 2.34.
Tenders at the high yield were allotted 36.18%. All competitive tenders at lower yields were accepted in full.
The median yield was 1.820%. The low yield was 1.730%.
Tenders totaled $79,431,726,500 and the Treasury accepted $34,000,393,900 including $37,002,500 non-competitive.
The Fed banks bought $4,640,491,300 for their own account.
The notes, which are dated April 30, will mature April 30, 2022.
