Treasury 5-year notes go at 1.911% high yield on Sept. 27

Register now

The Treasury Department auctioned $34 billion of five-year notes, with a 1 7/8% coupon, a 1.911% high yield, a price of 99.829191.

The bid-to-cover ratio was 2.52.

Tenders at the high yield were allotted 56.36%. All competitive tenders at lower yields were accepted in full.

The median yield was 1.865%. The low yield was 1.771%.

Tenders totaled $85,550,072,300 and the Treasury accepted $34,000,052,300 including $103,874,300 non-competitive.

The Fed banks bought $4,229,380,200 for their own account.

The notes, which are dated Sept. 30, will mature Sept. 30, 2022.

For reprint and licensing requests for this article, click here.
Treasury bonds Treasurys
MORE FROM BOND BUYER