US sells USD 28bln of 2-year FRN; High Discount Margin 0.079%

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US sells USD 28bln of 2-year FRN; High Discount Margin 0.079%

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  • High Discount Margin 0.079% (prev. 0.089%)
  • Bid-to-cover: 2.99x (prev. 3.49x)
  • Dealers: 33.4% (prev. 26.8%)
  • Directs: 0% (prev. 0.7%)
  • Indirects: 66.6% (prev. 72.4%)

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