- High-yield 4.67%
- WI level at the time of the auction 4.678%
- Bid-to-Cover 2.86X versus 6 month average of 2.71x
- Tail -0.8 bps versus a 6 month average of -0.2bps
- Directs (a measure of domestic demand) 18.2% versus 6 month average of 20.0%
- Indirect (a measure of domestic demand) 68.5% versus 6 month average of 61.9%
- Dealers:( dealers take the rest) 13.3% versus a 6 month average of 18.1%)
Strong international demand.