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USDCAD Unwinds Half Of Risk-Off Jump


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                                 July 16,                                May 15,
Issue:                               2018                 Maturity:         2048
Interest Rate:                                  3.125         rate)
CUSIP Number:                               912810SC3
Figures in millions of
Tenders Received:                               32718
Tenders Accepted:                               14000
Bid/cover ratio:                                 2.34
Yield awarded at high:                          2.958
Price:                                     103.289415
Alloted                                         46.90             %
Median yield:                                   2.914
Low yield:                                      2.688
Noncomp. tenders:                                   5
Awarded to FIMA:                                    0
Awarded to FRB for their own
accounts:                                          54
--MNI Washington Bureau; +1 202-372-2121; email:

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