That is below the WI level of 1.634%
- high yield of 1.632%. That is below the WI of 1.634%
- bid to cover 2.56x vs six-month average of 2.48x
- Directs 23.8% vs six-month average of 16.8%
- Indirects 49.1% vs six-month average of 49.5%
- Dealers take 27.1% versus six-month average of 33.7%
Overall, decent demand. The yield stopped through the WI level by a touch. The bid to cover was higher than the six-month average. Dealers took down a relatively small amount suggesting decent demand.