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Lowest Auction Stop for Three Months

US TSYS

Today's 3yr auction was the lowest 3y auction stop for three months at 0.325% vs. 0.326% when issued.

  • High yield well above the 5 auction average at 0.325% vs. 0.298%
  • Bid/cover inline with the 5 auction average at 2.47
  • Dealers take at just 27.55% today vs. Recent average of 32.7%
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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