Bid to cover at 2.54x vs 2.28X

  • Indirect bids 69.1%
  • Direct bids 6% versus reason averaged 7%. Lowest since July
  • The bid to cover comes in at 2.54x vs 2.28x last.
  • The bid to cover was the highest since June
  • Primary dealers take of the notes is the lowest since March.

Decent auction.