NEW YORK - The Treasury Department auctioned $30 billion of seven-year notes, with a 2.500% coupon, a 2.575% high yield, a price of 99.522396.
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The bid-to-cover ratio was 3.01.
Tenders at the high yield were allotted 65.69%. All competitive tenders at lower yields were accepted in full.
The median yield was 2.530%. The low yield was 2.385%.
Tenders totaled $90,429,485,900 and the Treasury accepted $30,000,011,500 including $26,385,900 non-competitive.
The Fed banks bought $868,466,600 for their own account in exchange for maturing securities.
The notes are dated June 30 and are due June 30, 2017.
