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    Treasury Auction Results: Tendered Accepted

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    The U.S. Treasury auctioned $35 billion of 5-year notes with a coupon rate of 2%. The high yield on accepted bids was 2.041% and 29.85% of bids were accepted at the high price of 99.806052. Median and low accepted yields were 2% and 1.95% respectively. Bids were accepted from primary dealers, direct bidders, and indirect bidders. The auction allotted notes for settlement on January 31, 2011.

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    Treasury Auction Results: Tendered Accepted

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    The U.S. Treasury auctioned $35 billion of 5-year notes with a coupon rate of 2%. The high yield on accepted bids was 2.041% and 29.85% of bids were accepted at the high price of 99.806052. Median and low accepted yields were 2% and 1.95% respectively. Bids were accepted from primary dealers, direct bidders, and indirect bidders. The auction allotted notes for settlement on January 31, 2011.

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    The U.S. Treasury auctioned $35 billion of 5-year notes with a coupon rate of 2%. The high yield on accepted bids was 2.041% and 29.85% of bids were accepted at the high price of 99.806052. Median and low accepted yields were 2% and 1.95% respectively. Bids were accepted from primary dealers, direct bidders, and indirect bidders. The auction allotted notes for settlement on January 31, 2011.

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    Download as PDF, TXT or read online from Scribd
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    20 views1 page

    Treasury Auction Results: Tendered Accepted

    Uploaded by

    api-25887578
    The U.S. Treasury auctioned $35 billion of 5-year notes with a coupon rate of 2%. The high yield on accepted bids was 2.041% and 29.85% of bids were accepted at the high price of 99.806052. Median and low accepted yields were 2% and 1.95% respectively. Bids were accepted from primary dealers, direct bidders, and indirect bidders. The auction allotted notes for settlement on January 31, 2011.

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    of 1

    For Immediate Release CONTACT: Office of Financing

    January 26, 2011 202-504-3550

    TREASURY AUCTION RESULTS


    Term and Type of Security 5-Year Note
    CUSIP Number 912828PS3
    Series T-2016

    Interest Rate 2%
    High Yield1 2.041%
    Allotted at High 29.85%
    Price 99.806052
    Accrued Interest per $1,000 None

    Median Yield2 2.000%


    Low Yield3 1.950%

    Issue Date January 31, 2011


    Maturity Date January 31, 2016
    Original Issue Date January 31, 2011
    Dated Date January 31, 2011

    Tendered Accepted
    Competitive $103,877,275,000 $34,938,970,000
    Noncompetitive $61,114,000 $61,114,000
    FIMA (Noncompetitive) $0 $0
    Subtotal4 $103,938,389,000 $35,000,084,0005

    SOMA $697,435,500 $697,435,500

    Total $104,635,824,500 $35,697,519,500

    Tendered Accepted
    Primary Dealer6 $69,995,000,000 $15,875,000,000
    Direct Bidder7 $13,372,000,000 $3,358,745,000
    Indirect Bidder8 $20,510,275,000 $15,705,225,000
    Total Competitive $103,877,275,000 $34,938,970,000

    1 5
    All tenders at lower yields were accepted in full. Awards to combined Treasury Direct systems = $40,657,000.
    2 6
    50% of the amount of accepted competitive tenders was tendered at or below Primary dealers as submitters bidding for their own house accounts.
    that yield. 7
    Non-Primary dealer submitters bidding for their own house accounts.
    3 8
    5% of the amount of accepted competitive tenders was tendered at or below Customers placing competitive bids through a direct submitter, including
    that yield. Foreign and International Monetary Authorities placing bids through the
    4 Federal Reserve Bank of New York.
    Bid-to-Cover Ratio: $103,938,389,000/$35,000,084,000 = 2.97

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