Reopening
20-Year Treasury Bond auction result for September 21, 2021
The 20-Year Treasury Bond reopening held on September 21, 2021 recorded an official high rate of 1.795% and a bid-to-cover ratio of 2.36. Bid-to-cover decreased from 2.44 at the preceding comparable auction.
High yield
1.795%
Bid-to-cover
2.36
Direct bidders
16.9%
Primary dealers
15.1%
Comparable historical context
| Auction date | Series | Result | Bid-to-cover | Offering | Direct | Indirect | Dealers |
|---|---|---|---|---|---|---|---|
| 2021-09-21 | 19Y Bond · reopening | High yield: 1.795% | 2.36 | $24.0B | 16.9% | 57.3% | 15.1% |
| 2021-08-18 | 20Y Bond | High yield: 1.850% | 2.44 | $27.0B | 16.6% | 55.3% | 16.9% |