Auction details:
- High yield: 4.123%
- WI level at the time of the auction 4.133%:
- Tail x.x basis points vs six-month averages 0.1 basis points
- Bid to cover x.xX vs six-month average of 2.40X
- Directs (domestic buyers) x.x% vs six-month average of 19.2%
- Indirects (international buyers) x.x% vs six-month averages 68.6%
- Dealers x.x% vs six-month average of 12.3%
Auction Grade:
This article was written by Greg Michalowski at www.forexlive.com.
