Reopening
5-Year Treasury Inflation-Protected Security auction result for December 22, 2021
The 5-Year Treasury Inflation-Protected Security reopening held on December 22, 2021 recorded an official high rate of -1.508% and a bid-to-cover ratio of 2.42. Bid-to-cover decreased from 2.45 at the preceding comparable auction.
High yield
-1.508%
Bid-to-cover
2.42
Direct bidders
13.0%
Primary dealers
12.3%
Comparable historical context
| Auction date | Series | Result | Bid-to-cover | Offering | Direct | Indirect | Dealers |
|---|---|---|---|---|---|---|---|
| 2021-12-22 | 4Y Note · reopening | High yield: -1.508% | 2.42 | $17.0B | 13.0% | 62.5% | 12.3% |
| 2021-10-21 | 5Y Note | High yield: -1.685% | 2.45 | $19.0B | 15.4% | 78.2% | 6.1% |
5-Year TIPS history page is not yet available · Official result document