Auction result
5-Year Treasury Note auction result for April 24, 2024
The 5-Year Treasury Note held on April 24, 2024 recorded an official high rate of 4.659% and a bid-to-cover ratio of 2.39. Bid-to-cover decreased from 2.41 at the preceding comparable auction.
High yield
4.659%
Bid-to-cover
2.39
Direct bidders
19.1%
Primary dealers
14.9%
Comparable historical context
| Auction date | Series | Result | Bid-to-cover | Offering | Direct | Indirect | Dealers |
|---|---|---|---|---|---|---|---|
| 2024-04-24 | 5Y Note | High yield: 4.659% | 2.39 | $70.0B | 19.1% | 65.2% | 14.9% |
| 2024-03-26 | 5Y Note | High yield: 4.235% | 2.41 | $67.0B | 16.8% | 70.3% | 12.7% |
| 2024-02-26 | 5Y Note | High yield: 4.320% | 2.41 | $64.0B | 18.8% | 60.7% | 16.1% |
| 2024-01-24 | 5Y Note | High yield: 4.055% | 2.31 | $61.0B | 18.6% | 60.8% | 20.3% |
| 2023-12-27 | 5Y Note | High yield: 3.801% | 2.50 | $58.0B | 15.3% | 70.4% | 14.0% |
| 2023-11-27 | 5Y Note | High yield: 4.420% | 2.46 | $55.0B | 17.4% | 64.5% | 16.6% |
| 2023-10-25 | 5Y Note | High yield: 4.899% | 2.36 | $52.0B | 19.0% | 61.3% | 19.3% |
| 2023-09-27 | 5Y Note | High yield: 4.659% | 2.52 | $49.0B | 17.6% | 70.9% | 11.2% |
| 2023-08-28 | 5Y Note | High yield: 4.400% | 2.54 | $46.0B | 16.5% | 61.3% | 12.5% |
| 2023-07-25 | 5Y Note | High yield: 4.170% | 2.60 | $43.0B | 22.1% | 64.2% | 13.5% |
| 2023-06-27 | 5Y Note | High yield: 4.019% | 2.52 | $43.0B | 19.6% | 67.9% | 12.2% |
| 2023-05-24 | 5Y Note | High yield: 3.749% | 2.58 | $43.0B | 15.1% | 61.1% | 7.8% |
| 2023-04-26 | 5Y Note | High yield: 3.500% | 2.54 | $43.0B | 15.7% | 62.8% | 12.4% |
| 2023-03-28 | 5Y Note | High yield: 3.665% | 2.48 | $43.0B | 18.2% | 68.3% | 13.3% |
| 2023-02-22 | 5Y Note | High yield: 4.109% | 2.48 | $43.0B | 15.5% | 56.8% | 8.9% |
| 2023-01-25 | 5Y Note | High yield: 3.530% | 2.64 | $43.0B | 15.4% | 75.5% | 8.8% |
| 2022-12-28 | 5Y Note | High yield: 3.973% | 2.46 | $43.0B | 18.5% | 64.3% | 16.9% |
| 2022-11-21 | 5Y Note | High yield: 3.974% | 2.39 | $43.0B | 16.8% | 59.5% | 13.5% |
| 2022-10-26 | 5Y Note | High yield: 4.192% | 2.48 | $43.0B | 15.5% | 67.6% | 16.4% |
| 2022-09-27 | 5Y Note | High yield: 4.228% | 2.27 | $44.0B | 18.6% | 59.3% | 21.6% |
| 2022-08-24 | 5Y Note | High yield: 3.230% | 2.30 | $45.0B | 16.1% | 54.0% | 18.2% |
| 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% |