FX/Bonds

Treasury Buyback [1-10yr TIPS, max USD 750mln]: Accepts USD 405mln of 3.194bln offered; Accepts 6 eligible issues of 27 offered

StockNow breaking-news AI analysis

The U.S. Treasury accepted $405 million in a 1-10yr TIPS buyback. Despite a high 7.89x cover ratio, the Treasury did not meet its $750 million maximum purchase target.

News detail

Offer to cover: 7.89x

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