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Treasury Auction

7-Year Note

August 29, 2024

C

Key Metrics

Offered

$44B

Bid-to-Cover

2.50

48th percentile

High Yield

3.770%

Tail

+3.0bp

77th pct (higher=worse)

Indirect

75.1%

87th percentile

Dealer

13.7%

Recent 7-Year Auctions

DateB/CTailIndirectGrade
July 25, 20242.64-3.8bp74.4%B
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+

7-Year Trends

Bid-to-Cover History

Indirect Bidder Allocation History