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What is the stop-out yield for the security in the picture? TREASURY NEWS All tender at lower rates were accepted in full. Equivalent coupon-is sue
What is the stop-out yield for the security in the picture?
TREASURY NEWS All tender at lower rates were accepted in full. "Equivalent coupon-is sue yield. 350% of the amount of accepted competitive tenders was tendered at or below that rate. "5\% of the amount of accepted competitive tenders was tendered at orbelow that rate. 'Bid-to-Cover Ratio: $156,757,580,00051,001,062,800=3.07 6A wards to TreasuryDirect =$240,946,800. 'Primary deales as submitters bidding for their ow n house accounts. "Nort-Primary dealer sub mitters bidding for their own house accounts. "Customers placing competitive bids through a direct sub ratter, inchading Foreign and International Moretary Authorities placing bids through the Federal Reserre Bank of New York. 0.370% 0.300% 0.380% 0.386%Step by Step Solution
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