FX/BondsIMPORTANT
US sells USD 30bln 2yr FRNs: High discount margin 0.050%
StockNow breaking-news AI analysis
The 2-year FRN auction saw robust demand with a 3.37x B/C ratio and tighter discount margin, supported by easing geopolitical tensions ahead of the July FOMC policy decision.
News detail
High Discount Margin: 0.05% (prev. 0.08%, six-auction average 0.10%) B/C: 3.37x (prev. 2.99x, six-auction average 3.16x) Dealer: 36.77% (prev. 33.35%, six-auction average 36.56%) Direct: 0.0% (prev. 0.00%, six-auction average 0.24%) Indirect: 63.22% (prev. 66.65%, six-auction average 63.20%)
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