bonds · official results
20-Year Treasury Bond auction results
The modern 20-year bond series resumed in 2020, so its usable history is shorter than several other nominal benchmarks and should be interpreted within that issuance regime.
2 complete comparable auctions stored · noindex until 24 complete auctions are available
High yield
5.163%
Bid-to-cover
2.64
Offering amount
$13.0B
Indirect bidders
68.5%
The 20-Year Treasury Bond reopening held on July 22, 2026 recorded an official high rate of 5.163% and a bid-to-cover ratio of 2.64. Bid-to-cover decreased from 2.75 at the preceding comparable auction.
Comparable auction history
Actual auction dates with no interpolation.
Range: 2.64 to 2.75 · latest 2.64
Recent comparable auctions
The table is available in the server-rendered response as an accessible alternative to the chart.
| Auction date | Series | Result | Bid-to-cover | Offering | Direct | Indirect | Dealers |
|---|---|---|---|---|---|---|---|
| 2026-07-22 | 19Y Bond · reopening | High yield: 5.163% | 2.64 | $13.0B | 16.1% | 68.5% | 14.5% |
| 2026-06-16 | 19Y Bond · reopening | High yield: 4.927% | 2.75 | $13.0B | 19.8% | 71.2% | 8.4% |