Auction result
5-Year Treasury Inflation-Protected Security auction result for April 21, 2022
The 5-Year Treasury Inflation-Protected Security held on April 21, 2022 recorded an official high rate of -0.340% and a bid-to-cover ratio of 2.73. Bid-to-cover increased from 2.42 at the preceding comparable auction.
High yield
-0.340%
Bid-to-cover
2.73
Direct bidders
4.0%
Primary dealers
6.5%
Comparable historical context
| Auction date | Series | Result | Bid-to-cover | Offering | Direct | Indirect | Dealers |
|---|---|---|---|---|---|---|---|
| 2022-04-21 | 5Y Note | High yield: -0.340% | 2.73 | $20.0B | 4.0% | 88.9% | 6.5% |
| 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