The Treasury Department auctioned $29 billion of seven-year notes, with a 1% coupon, a 1.045% high yield, a price of 99.697008.
The bid-to-cover ratio was 2.81.
Tenders at the high yield were allotted 99.60%. All competitive tenders at lower yields were accepted in full.
The median yield was 1.009%. The low yield was 0.957%.
Tenders totaled $81,383,490,700 and the Treasury accepted $29,000,055,100 including $10,590,700 non-competitive.
The Fed banks bought nothing for their own account in exchange for maturing securities.
The notes are dated Nov. 30 and are due Nov. 30, 2019.