Treasury 7-Year Notes Go at 2.013% High Yield

price of 99.915516.

The bid-to-cover ratio was 2.51.

Tenders at the high yield were allotted 45.70%. All competitive tenders at lower yields were accepted in full.

The median yield was 1.971%. The low yield was 1.895%.

Tenders totaled $72,820,674,100 and the Treasury accepted $29,000,024,100 including $20,679,100 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, 2022.

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