Reopening
5-Year Treasury Inflation-Protected Security auction result for December 22, 2022
The 5-Year Treasury Inflation-Protected Security reopening held on December 22, 2022 recorded an official high rate of 1.504% and a bid-to-cover ratio of 2.51. Bid-to-cover increased from 2.38 at the preceding comparable auction.
High yield
1.504%
Bid-to-cover
2.51
Direct bidders
17.6%
Primary dealers
8.1%
Comparable historical context
| Auction date | Series | Result | Bid-to-cover | Offering | Direct | Indirect | Dealers |
|---|---|---|---|---|---|---|---|
| 2022-12-22 | 4Y Note · reopening | High yield: 1.504% | 2.51 | $19.0B | 17.6% | 73.4% | 8.1% |
| 2022-10-20 | 5Y Note | High yield: 1.732% | 2.38 | $21.0B | 16.8% | 74.3% | 7.6% |
| 2022-06-23 | 4Y Note · reopening | High yield: 0.362% | 2.61 | $18.0B | 8.6% | 77.3% | 6.3% |
| 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