Reopening
2-Year Floating Rate Note auction result for August 25, 2021
The 2-Year Floating Rate Note reopening held on August 25, 2021 and a bid-to-cover ratio of 3.17.
High discount rate
—
Bid-to-cover
3.17
Direct bidders
1.3%
Primary dealers
29.6%
Comparable historical context
| Auction date | Series | Result | Bid-to-cover | Offering | Direct | Indirect | Dealers |
|---|---|---|---|---|---|---|---|
| 2021-08-25 | 1Y Note · reopening | High discount rate: — | 3.17 | $26.0B | 1.3% | 69.0% | 29.6% |
2-Year FRN history page is not yet available · Official result document