U.S. 2-year notes high yield 4.204%

WASHINGTON, Aug. 25 (Reuters) - The U.S. Treasury Department said its Dutch bidding auction of 2-year notes brought these results:

2-year notes

Yields

• High: 4.204%
• Median: 4.157%
• Low: 4.100%

Price/acceptances

• Price: 99.849966
• Accepted at high: 85.68%
• Bid-to-cover ratio: 2.60

Amounts tendered and accepted (dollars)

• Competitive bids accepted: 68,107,241,800
• Noncompetitive bids accepted: 737,951,900
• Fed add-ons: 8,870,345,200
• Primary Dealer Tendered: 95,863,500,000
• Primary Dealer Accepted: 7,421,560,000
• Direct Bidder Tendered: 22,980,900,000
• Direct Bidder Accepted: 15,727,302,400
• Indirect Bidder Tendered: 59,586,085,000