$13 Billion 30 Year Reopening Closes At 4.77%, Directs Take Down Massive 25.48%

Tyler Durden's picture
  • Yield of 4.770% compared with exp. 4.768%
  • Bid To Cover of 2.73 vs 2.66 Average, 2.89 previously
  • Indirects take down 36.80% vs 37.08% Average, 23.85% previously
  • Direct take down 25.48% vs record 29.65% previously, more than double the 11.24% average
  • Alotted at high 30.96%
  • Primary dealer hit rate: 22.7%

Summary of Direct Bidder take down