Treasury 7-year notes go at 2.130% high yield on Sept. 28

Register now

The Treasury Department auctioned $28 billion of seven-year notes, with a 2 1/8% coupon and a 2.130% high yield, a price of 99.967545.

The bid-to-cover ratio was 2.70.

Tenders at the high yield were allotted 11.57%. All competitive tenders at lower yields were accepted in full.

The median yield was 2.092%. The low yield was 1.995%.

Tenders totaled $75,706,270,700 and the Treasury accepted $28,000,086,700 including $12,919,700 non-competitive.

The Fed banks bought $3,483,018,900 for their own account.

The notes are dated Sept. 30 and are due Sept. 30, 2024.

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