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Treasury Auction

5-Year Note

June 26, 2024

D

Key Metrics

Offered

$70B

Bid-to-Cover

2.35

21th percentile

High Yield

4.331%

Tail

+8.1bp

96th pct (higher=worse)

Indirect

68.9%

61th percentile

Dealer

13.4%

Recent 5-Year Auctions

DateB/CTailIndirectGrade
May 28, 20242.30bp65.0%F
April 24, 20242.39+2.9bp65.7%D+
March 26, 20242.41+0.5bp70.5%C
February 26, 20242.41+4.0bp63.5%D
January 24, 20242.31-0.5bp60.9%F

5-Year Trends

Bid-to-Cover History

Indirect Bidder Allocation History