• High yield 2.18%
  • WI 2.145%
  • Tail 3.5 basis points vs 0.8 basis points last
  • Bid to cover 2.84X vs 2.43X average
  • Directs 16.2% versus an average of 15.9%
  • Indirects 70.2% versus 76.7% average
  • Dealers 13.6% versus 7.3% average

Weak demand from both international and domestic investors.