← All Auctions

Treasury Auction

5-Year Note

May 25, 2022

B

Key Metrics

Offered

$48B

Bid-to-Cover

2.44

62th percentile

High Yield

2.736%

Tail

-2.4bp

0th pct (higher=worse)

Indirect

62.9%

54th percentile

Dealer

17.0%

Recent 5-Year Auctions

DateB/CTailIndirectGrade
April 27, 20222.41-0.5bp64.0%B-
March 28, 20222.53-0.7bp60.2%B
February 23, 20222.49+3.0bp67.8%B-
January 25, 20222.50—bp68.7%A+
December 28, 20212.41—bp65.7%A-

5-Year Trends

Bid-to-Cover History

Indirect Bidder Allocation History