← All Auctions

Treasury Auction

7-Year Note

February 27, 2024

C-

Key Metrics

Offered

$42B

Bid-to-Cover

2.58

65th percentile

High Yield

4.327%

Tail

+0.7bp

64th pct (higher=worse)

Indirect

69.6%

61th percentile

Dealer

15.6%

Recent 7-Year Auctions

DateB/CTailIndirectGrade
January 25, 20242.57-3.1bp69.1%C+
December 28, 20232.50+4.9bp63.7%D+
November 28, 20232.44-3.1bp63.9%D+
October 26, 20232.70-7.2bp70.6%A-
September 28, 20232.47-1.7bp65.5%C

7-Year Trends

Bid-to-Cover History

Indirect Bidder Allocation History