The Treasury Department Wednesday auctioned $35 billion of five-year notes, with a 1% coupon, a 1.040% high yield and a price of 99.805782.
The bid-to-cover ratio was 2.85.
Tenders at the high yield were allotted 13.62%. All competitive tenders at lower yields were accepted in full.
The median yield was 0.990%. The low yield was 0.930%. Tenders totaled $99,880,343,500 and the Treasury accepted $35,000,091,900, including $28,643,500 of noncompetitive.