Deutsche Bank-US Treasury Seven-Year Note Auction Packet Statistics and c...-105610090

Distributedon:28/12/202312:00:00GMTDeutscheBankResearchUSTreasurySeven-YearNoteAuctionBrianLuUSRatesStrategy(212)250-7434brian-a.lu@db.comAuctiondate:December28,2023IMPORTANTRESEARCHDISCLOSURESANDANALYSTCERTIFICATIONSLOCATEDINAPPENDIX1.MCI(P)041/10/2023.UNTIL19thMARCH2021INCOMPLETEDISCLOSUREINFORMATIONMAYHAVEBEENDISPLAYED,PLEASESEEAPPENDIX1FORFURTHERDETAILS.7T2se3r0Ot6kwoPaSeven-YearAuctionStatisticsSizePrimaryDirectIndirectCoverStopout1PMBPDirect+($bn)DealersBiddersBiddersRatioYieldWIBidTailIndirect1yrAvg$35.812.8%17.9%69.2%2.544.3994.3780.287.2%Nov-23$39.020.3%15.8%63.9%2.444.9084.9122.179.7%Oct-23$38.011.0%18.4%70.6%2.704.6734.668-0.489.0%Sep-23$37.014.6%19.9%65.5%2.474.2124.2300.585.4%Aug-23$36.015.0%75.3%2.664.0874.075-1.890.3%Jul-23$35.09.7%15.9%69.8%2.483.8393.8481.285.7%Jun-23$35.014.3%16.6%75.3%2.653.8273.835-0.991.9%May-23$35.017.3%72.3%2.613.5633.550-0.889.6%Apr-23$35.08.1%21.1%64.1%2.413.6263.6131.385.2%Mar-23$35.010.4%21.4%63.2%2.394.0624.0481.384.6%Feb-23$35.014.8%20.8%65.5%2.493.5173.5391.486.3%Jan-23$35.015.4%16.8%77.1%2.693.9213.910-2.293.9%Dec-22$35.013.7%16.2%68.1%2.453.8903.8631.184.3%Nov-22$35.016.8%61.9%2.334.0274.0152.778.7%Oct-22$35.06.1%22.7%63.2%2.433.8983.9031.285.9%Sep-22$36.015.7%24.7%62.5%2.573.1303.157-0.587.2%Aug-22$37.021.3%15.7%75.7%2.652.7302.734-2.791.4%Jul-22$38.014.1%18.4...