Auction result
5-Year Treasury Note auction result for July 26, 2022
The 5-Year Treasury Note held on July 26, 2022 recorded an official high rate of 2.860% and a bid-to-cover ratio of 2.46. Bid-to-cover increased from 2.28 at the preceding comparable auction.
High yield
2.860%
Bid-to-cover
2.46
Direct bidders
15.4%
Primary dealers
15.4%
Comparable historical context
| Auction date | Series | Result | Bid-to-cover | Offering | Direct | Indirect | Dealers |
|---|---|---|---|---|---|---|---|
| 2022-07-26 | 5Y Note | High yield: 2.860% | 2.46 | $46.0B | 15.4% | 61.0% | 15.4% |
| 2022-06-27 | 5Y Note | High yield: 3.271% | 2.28 | $47.0B | 18.3% | 52.3% | 22.1% |
| 2022-05-25 | 5Y Note | High yield: 2.736% | 2.44 | $48.0B | 17.3% | 54.5% | 14.7% |
| 2022-04-27 | 5Y Note | High yield: 2.785% | 2.41 | $49.0B | 17.0% | 56.0% | 14.4% |
| 2022-03-28 | 5Y Note | High yield: 2.543% | 2.53 | $51.0B | 16.6% | 50.7% | 16.9% |
| 2022-02-23 | 5Y Note | High yield: 1.880% | 2.49 | $53.0B | 15.7% | 57.8% | 11.7% |
| 2021-12-28 | 5Y Note | High yield: 1.263% | 2.41 | $57.0B | 12.6% | 57.8% | 17.6% |
| 2021-11-22 | 5Y Note | High yield: 1.319% | 2.34 | $59.0B | 15.0% | 52.4% | 24.8% |
| 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% |