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Treasury Auction

7-Year Note

July 28, 2022

A+

Key Metrics

Offered

$38B

Bid-to-Cover

2.60

93th percentile

High Yield

2.730%

Tail

-10.0bp

0th pct (higher=worse)

Indirect

70.9%

93th percentile

Dealer

10.6%

Recent 7-Year Auctions

DateB/CTailIndirectGrade
June 28, 20222.48+1.0bp61.9%A-
May 26, 20222.69+1.7bp77.9%A+
April 28, 20222.41bp65.0%A-
March 29, 20222.44bp60.9%A
February 24, 20222.36bp63.9%A-

7-Year Trends

Bid-to-Cover History

Indirect Bidder Allocation History