← All Auctions

Treasury Auction

5-Year Note

May 24, 2023

A-

Key Metrics

Offered

$43B

Bid-to-Cover

2.58

92th percentile

High Yield

3.749%

Tail

-1.1bp

43th pct (higher=worse)

Indirect

72.7%

88th percentile

Dealer

9.3%

Recent 5-Year Auctions

DateB/CTailIndirectGrade
April 26, 20232.54+7.0bp69.1%B-
March 28, 20232.48+7.5bp68.5%C
February 22, 20232.48-5.1bp70.0%B+
January 25, 20232.64-5.0bp75.7%A+
December 28, 20222.46+3.3bp64.5%C-

5-Year Trends

Bid-to-Cover History

Indirect Bidder Allocation History