Market Weekly: June 21 – 27 2020

#23979
ThePitBoss
Participant

US auction $47 billion 5 year notes at 0.330% v WI at 0.336%

High yield 0.33% v. 0.336% WI level before the auction
Bid to cover 2.58x v. six-month average of 2.47x
Dealers 21.96% v. six-month average of 27.1%
Directs 15.8% v. six-month average of 13.9%
Indirects 62.3% vs. six-month average of 59.0%