Auction History: US to sell USD 44bln of 7yr notes at 18:00GMT/13:00EST

US 7-YEAR NOTE AUCTION RECENT HISTORY:

• High Yield: (prev. 3.93%, six-auction avg. 3.912%)
• Tail: (prev. -0.3bps, six-auction avg. -0.1bps)
• Bid-to-Cover: (prev. 2.51x, six-auction avg. 2.52x)
• Dealers: (prev. 9.3%, six-auction avg. 10.2%)
• Directs: (prev. 31.6%, six-auction avg. 28.0%)
• Indirects: (prev. 59.0%, six-auction avg. 61.8%)