The Treasury Department auctioned $29 billion of seven-year notes, a 1.081% high yield, a price of 99.455337.
The bid-to-cover ratio was 2.80.
Tenders at the high yield were allotted 33.82%. All competitive tenders at lower yields were accepted in full.
The median yield was 1.050%. The low yield was 0.985%.
Tenders totaled $81,337,946,100 and the Treasury accepted $29,000,016,100 including $7,746,100 non-competitive.
The Fed banks bought nothing for their own account in exchange for maturing securities.
The notes are dated August 31 and are due August 31, 2019.