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Treasury Auction

7-Year Note

July 25, 2024

B

Key Metrics

Offered

$44B

Bid-to-Cover

2.64

79th percentile

High Yield

4.162%

Tail

-3.8bp

48th pct (higher=worse)

Indirect

74.4%

83th percentile

Dealer

8.9%

Recent 7-Year Auctions

DateB/CTailIndirectGrade
June 27, 20242.58-4.4bp69.7%C+
May 29, 20242.43+9.0bp66.9%F
April 25, 20242.48+5.6bp65.1%D
March 27, 20242.61-4.5bp69.7%C+
February 27, 20242.58+0.7bp69.6%C-

7-Year Trends

Bid-to-Cover History

Indirect Bidder Allocation History