WI was at 0.962% at the auction time
- High yield 0.960%
- Bid to cover 2.32x vs six-month average of 2.46x
- Dealers 32.03% vs. six-month average 23.6%
- Directs 13.1% vs. vs. six-month average of 14.3%
- Indirects 54.8% vs. six-month average of 62.1%
The last auction high yield came in at 0.765%.
The auction results mixed
- the yield was marginally lower than the WI yield (0.2 basis points)