PUBLIC DEBT NEWS
Department of the Treasury • Bureau of the Public Debt • Washington, DC 20239
TREASURY SECURITY AUCTION RESULTS
BUREAU OF THE PUBLIC DEBT - WASHINGTON DC
FOR IMMEDIATE RELEASE CONTACT: Office of Financing
October 12, 2005 202-504-3550
RESULTS OF TREASURY'S AUCTION OF 5-YEAR NOTES
Interest Rate: 4 1/4% Issue Date: October 17, 2005
Series: P-2010 Dated Date: October 15, 2005
CUSIP No: 912828EJ5 Maturity Date: October 15, 2010
High Yield: 4.270% Price: 99.910409
All noncompetitive and successful competitive bidders were awarded
securities at the high yield. Tenders at the high yield were
allotted 88.75%. All tenders at lower yields were accepted in full.
Accrued interest of $ 0.23352 per $1,000 must be paid for the period
from October 15, 2005 to October 17, 2005.
AMOUNTS TENDERED AND ACCEPTED (in thousands)
Tender Type Tendered Accepted
----------- ----------------- -----------------
Competitive $ 35,676,000 $ 12,927,439
Noncompetitive 72,985 72,985
FIMA (noncompetitive) 0 0
----------------- -----------------
SUBTOTAL 35,748,985 13,000,424 1/
Federal Reserve 0 0
----------------- -----------------
TOTAL $ 35,748,985 $ 13,000,424
Median yield 4.259%: 50% of the amount of accepted competitive tenders
was tendered at or below that rate. Low yield 4.220%: 5% of the amount
of accepted competitive tenders was tendered at or below that rate.
Bid-to-Cover Ratio = 35,748,985 / 13,000,424 = 2.75
1/ Awards to TREASURY DIRECT = $32,168,000
http://www.publicdebt.treas.gov