← All Auctions
Treasury Auction
5-Year Note
August 27, 2025
D+
Key Metrics
Offered
$70B
Bid-to-Cover
2.36
19th percentile
High Yield
3.724%
Tail
-2.6bp
32th pct (higher=worse)
Indirect
60.5%
4th percentile
Dealer
8.8%
Recent 5-Year Auctions
| Date | B/C | Tail | Indirect | Grade |
|---|---|---|---|---|
| July 28, 2025 | 2.31 | +3.3bp | 58.3% | F |
| June 25, 2025 | 2.36 | +1.9bp | 64.7% | D+ |
| May 28, 2025 | 2.39 | +3.1bp | 78.4% | C+ |
| April 23, 2025 | 2.41 | +1.5bp | 64.0% | C- |
| March 26, 2025 | 2.33 | +3.0bp | 75.8% | C- |