FX/Bonds
Auction History: US to sell USD 28bln of 2-year FRNs at 16:30BST/18:00EDT
StockNow breaking-news AI analysis
The US plans to auction USD 28bln of 2-year FRNs, with prior demand showing a 3.14x bid-to-cover ratio and a 0.06% high discount margin.
News detail
High Discount Margin: (prev. 0.06%, six-auction average 0.08%) B/C: (prev. 3.14x, six-auction average 3.22x) Dealer: (prev. 33.08%, six-auction average 35.57%) Direct: (prev. 0.36%, six-auction average 0.18%) Indirect: (prev. 66.56%, six-auction average 64.25%)
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