The Treasury Department Tuesday auctioned $24 billion of three-year notes with a 1% coupon at a 1.045% high yield, a price of 99.867644.
Tenders at the high yield were allotted 56.64%. All competitive tenders at lower yields were accepted in full.
The median yield was 1.000%. The low yield was 0.900%.
Tenders totaled $70,122,345,700 and the Treasury accepted $24,000,052,900, including $39,545,700 non-competitive.
The Fed banks bought nothing for their own account in exchange for maturing securities.
The notes, dated Oct. 17, will mature Oct. 15, 2019.
