Reuters logo
6 months ago
Bid ratio at U.S. floating rate note auction lowest in 11 months
February 22, 2017 / 4:54 PM / 6 months ago

Bid ratio at U.S. floating rate note auction lowest in 11 months

NEW YORK, Feb 22 (Reuters) - Bidding at Wednesday's $13 billion U.S. two-year floating-rate Treasury note auction was the weakest in nearly a year, Treasury data showed.

The ratio of bids to the amount offered was 3.08, the lowest since last March and below 3.16 at the prior 2-year FRN sale in January. (Reporting by Richard Leong; Editing by Chizu Nomiyama)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below