• High yield 5.216%
  • WI level at the time of the auction 5.212%
  • Tail 0.4 basis points vs average of -0.2 basis points
  • Bid to cover vs average of 2.43X
  • Directs vs average of 22.5%
  • Indirects vs average of 67.0%
  • Dealers 11.6% vs average of 10.6%

Auction Grade: 

This article was written by Greg Michalowski at investinglive.com.

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