Auction result
5-Year Treasury Note auction result for October 27, 2021
The 5-Year Treasury Note held on October 27, 2021 recorded an official high rate of 1.157% and a bid-to-cover ratio of 2.55. Bid-to-cover increased from 2.37 at the preceding comparable auction.
High yield
1.157%
Bid-to-cover
2.55
Direct bidders
15.7%
Primary dealers
16.2%
Comparable historical context
| Auction date | Series | Result | Bid-to-cover | Offering | Direct | Indirect | Dealers |
|---|---|---|---|---|---|---|---|
| 2021-10-27 | 5Y Note | High yield: 1.157% | 2.55 | $61.0B | 15.7% | 58.7% | 16.2% |
| 2021-09-27 | 5Y Note | High yield: 0.990% | 2.37 | $61.0B | 18.0% | 48.4% | 22.7% |
| 2021-08-25 | 5Y Note | High yield: 0.831% | 2.35 | $61.0B | 15.6% | 55.7% | 17.5% |