The Treasury Department auctioned $29 billion of seven-year notes, with a 1% coupon, a 1.055% high yield, a price of 99.629938.
The bid-to-cover ratio was 2.61.
Tenders at the high yield were allotted 82.60%. All competitive tenders at lower yields were accepted in full.
The median yield was 1.023%. The low yield was 0.950%.
Tenders totaled $75,753,348,700 and the Treasury accepted $29,000,017,700 including $6,148,700 non-competitive.
The Fed banks bought nothing for their own account in exchange for maturing securities.
The notes are dated Sept. 30 and are due Sept. 30, 2019.