In the middle of the Treasury’s 3-4 bln target
- Average yield on 2013 bond 3.254%, down from previous 3.717%
- Average yield on 2016 bond 4.045%. The 2016 bond is a reissue of a 10 year bond originally launched in 2005. Another 5 year issue had a yield of 4.542 on January 13
- Bid to cover ratio on 2013 bond 2.0, slightly lower than previous 2.3
