News Headline Summary

Results of USD 32bln 3y note auction

- Yield 0.392% vs. Exp. 0.383%, WI stopped at 0.395%
- B/C 3.41 vs. Avg. 3.69 (Prev. 3.96)
- Indirects 25.10% vs. Avg. 30.45% (Prev. 28.80%)
- Allotted at high 82.78%

Reaction details (21:04)

- No reaction seen in the short-end following this auction as despite the yield stopping through the WI by 0.3bps, demand was lower than the previous and five-auction average.

06 Nov 2012 - 21:01 - Fixed Income - Source: Newswires

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