It will be the last auction of four-year notes.

The four-year note was offered at a price to yield 8.47 percent.

Meanwhile, the four-year notes to be sold tomorrow were offered at a price to yield 9.73 percent.

In addition, market participants said that demand at the final auction of new four-year notes was about as expected.

At the last sale of four-year notes, on March 29, the average yield was 9.70 percent.

The four-year notes were offered at a price to yield 7.80 percent.

The four-year notes sold on June 25, 1985, carried an average yield of 9.72 percent.

And the four-year notes that will be sold on Wednesday were offered at a price to yield 8.46 percent.

Today the Treasury is expected to sell $7.75 billion worth of four-year notes.

On Wednesday, $7.5 billion of new four-year notes are scheduled for auction.