High yield 3.668% WI level at the time of the auction 3.675%Tail -0.7 basis points six-month average of 0.1 basis points. Last month the tail was 0.9 bpsBid to cover:, 2.63X versus six-month average of 2.54X. Last month it was 2.5XDirects (the % of domestic buyers) 20.26% versus six-month average of 16.8%Indirects (the % of international buyers) 70.8% versus six-month average of 70.1%Dealers (the dealer take the rest) 8.94% versus six-month average of 13.0%.
This article was written by Greg Michalowski at www.forexlive.com.
