- High yield 3.641%
- Wi level at the time of the auction 3.656%
- Tail -1.5 basis points vs 6 month average of -0.4 basis points
- Bid to cover 2.69X vs 6 month average of 2.59X
- Directs 33.16% vs 6 month average of 23.0%
- Indirects 68.95% vs 6-month average of 66.1%
- Dealers 9.74% vs 6-month average of 10.9%
AUCTION GRADE: A
Strong demand for auction.
This article was written by Greg Michalowski at investinglive.com.
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