It tended to be times of war, which put inflationary pressure on the British economy, that led to greater note issue.
But recently, bond yields have fallen well below those offered on note issues.
Prices of the two note issues auctioned earlier in the week also improved.
The size of the senior subordinated note issue was reduced to $150 million.
The prices of note issues were unchanged on the day across the maturity spectrum.
It became the bank of note issue, a role it retained until 1966.
Traders said the group was the same that attempted to corner the market in a two-year note issue earlier this year.
Five basis points on a $4 billion one-year note issue is a lot of money.
In the corporate market, activity was brisk, with four new note issues totaling $810 million.
Meanwhile, short to intermediate note issues also recorded big gains.