Reopening
20-Year Treasury Bond auction result for December 2, 2021
The 20-Year Treasury Bond reopening held on December 2, 2021 recorded an official high rate of 1.872% and a bid-to-cover ratio of 2.92. Bid-to-cover increased from 2.34 at the preceding comparable auction.
High yield
1.872%
Bid-to-cover
2.92
Direct bidders
0.0%
Primary dealers
100.0%
Comparable historical context
| Auction date | Series | Result | Bid-to-cover | Offering | Direct | Indirect | Dealers |
|---|---|---|---|---|---|---|---|
| 2021-12-02 | 19Y Bond · reopening | High yield: 1.872% | 2.92 | $25.0M | 0.0% | 0.0% | 100.0% |
| 2021-11-17 | 20Y Bond | High yield: 2.065% | 2.34 | $23.0B | 17.9% | 55.6% | 18.9% |
| 2021-10-20 | 19Y Bond · reopening | High yield: 2.100% | 2.25 | $24.0B | 14.2% | 58.8% | 17.8% |
| 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% |