Courtesy of Tyler Durden
- Yield 4.679% vs. Exp. 4.702%, Allotted at high 82.8%
- Bid To Cover a massive 2.89 vs. Avg. 2.56 (Prev. 2.68)
- Indirects at miserable 23.9% vs. Avg. 42.32% (Prev. 40.77%)
- Direct take down an absolutely stunning 29.7%
- Direct hit ratio 44.4%
Full results:
Breakdown of direct take down showing unprecedented surge in direct participation over past two auctions:
Indirect take down drops to levels last seen in November 2008: