Auction result
2-Year Treasury Note auction result for August 24, 2021
The 2-Year Treasury Note held on August 24, 2021 recorded an official high rate of 0.242% and a bid-to-cover ratio of 2.65.
High yield
0.242%
Bid-to-cover
2.65
Direct bidders
18.8%
Primary dealers
16.2%
Comparable historical context
| Auction date | Series | Result | Bid-to-cover | Offering | Direct | Indirect | Dealers |
|---|---|---|---|---|---|---|---|
| 2021-08-24 | 2Y Note | High yield: 0.242% | 2.65 | $60.0B | 18.8% | 53.7% | 16.2% |