Auction result
7-Year Treasury Note auction result for April 25, 2024
The 7-Year Treasury Note held on April 25, 2024 recorded an official high rate of 4.716% and a bid-to-cover ratio of 2.48. Bid-to-cover decreased from 2.61 at the preceding comparable auction.
High yield
4.716%
Bid-to-cover
2.48
Direct bidders
20.8%
Primary dealers
13.8%
Comparable historical context
| Auction date | Series | Result | Bid-to-cover | Offering | Direct | Indirect | Dealers |
|---|---|---|---|---|---|---|---|
| 2024-04-25 | 7Y Note | High yield: 4.716% | 2.48 | $44.0B | 20.8% | 64.6% | 13.8% |
| 2024-03-27 | 7Y Note | High yield: 4.185% | 2.61 | $43.0B | 17.4% | 69.5% | 12.8% |
| 2024-02-27 | 7Y Note | High yield: 4.327% | 2.58 | $42.0B | 14.2% | 66.4% | 14.9% |
| 2024-01-25 | 7Y Note | High yield: 4.109% | 2.57 | $41.0B | 16.9% | 68.8% | 13.9% |
| 2023-12-28 | 7Y Note | High yield: 3.859% | 2.50 | $40.0B | 19.3% | 63.3% | 16.8% |
| 2023-11-28 | 7Y Note | High yield: 4.399% | 2.44 | $39.0B | 15.5% | 62.6% | 19.9% |
| 2023-10-26 | 7Y Note | High yield: 4.908% | 2.70 | $38.0B | 18.3% | 70.2% | 10.9% |
| 2023-09-28 | 7Y Note | High yield: 4.673% | 2.47 | $37.0B | 19.9% | 65.3% | 14.6% |
| 2023-08-29 | 7Y Note | High yield: 4.212% | 2.66 | $36.0B | 13.5% | 68.0% | 8.8% |
| 2023-07-27 | 7Y Note | High yield: 4.087% | 2.48 | $35.0B | 15.9% | 69.7% | 14.3% |
| 2023-06-28 | 7Y Note | High yield: 3.839% | 2.65 | $35.0B | 16.5% | 75.2% | 8.1% |
| 2023-05-25 | 7Y Note | High yield: 3.827% | 2.61 | $35.0B | 14.5% | 60.8% | 8.8% |
| 2023-04-27 | 7Y Note | High yield: 3.563% | 2.41 | $35.0B | 19.2% | 58.4% | 13.5% |
| 2023-03-29 | 7Y Note | High yield: 3.626% | 2.39 | $35.0B | 21.3% | 63.1% | 15.4% |
| 2023-02-23 | 7Y Note | High yield: 4.062% | 2.49 | $35.0B | 16.9% | 53.3% | 11.2% |
| 2023-01-26 | 7Y Note | High yield: 3.517% | 2.69 | $35.0B | 16.8% | 77.0% | 6.1% |
| 2022-12-29 | 7Y Note | High yield: 3.921% | 2.45 | $35.0B | 16.1% | 68.0% | 15.7% |
| 2022-11-22 | 7Y Note | High yield: 3.890% | 2.33 | $35.0B | 15.1% | 55.8% | 19.2% |
| 2022-10-27 | 7Y Note | High yield: 4.027% | 2.43 | $35.0B | 22.7% | 63.1% | 14.1% |
| 2022-09-28 | 7Y Note | High yield: 3.898% | 2.57 | $36.0B | 24.6% | 62.4% | 12.8% |
| 2022-08-25 | 7Y Note | High yield: 3.130% | 2.65 | $37.0B | 13.9% | 67.0% | 7.6% |
| 2022-07-28 | 7Y Note | High yield: 2.730% | 2.60 | $38.0B | 17.0% | 65.2% | 9.8% |
| 2022-06-28 | 7Y Note | High yield: 3.280% | 2.48 | $40.0B | 19.0% | 57.4% | 16.5% |
| 2022-05-26 | 7Y Note | High yield: 2.777% | 2.69 | $42.0B | 13.7% | 67.7% | 5.5% |