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Treasury Auction

2-Year Note

April 27, 2022

F

Key Metrics

Offered

$24B

Bid-to-Cover

2.51

29th percentile

High Yield

Tail

bp

Indirect

29.5%

0th percentile

Dealer

49.6%

Recent 2-Year Auctions

DateB/CTailIndirectGrade
April 26, 20222.74bp66.0%B+
March 28, 20222.46bp55.0%D+
February 22, 20222.64bp65.6%B-
January 26, 20223.34bp75.5%A+
January 24, 20222.81bp66.0%A-

2-Year Trends

Bid-to-Cover History

Indirect Bidder Allocation History