• High yield of 1.248%
  • Tail -3.3 bps
  • Bid to cover 2.54x vs six-month average of 2.43x
  • Dealers 7.89% vs six-month average of 12.9%
  • Directs 21.32 vs six-month average of 15.5%
  • Indirects70.79% vs six-month average of 71.6%

Strong demand for the inflation linked TIPS