Auction result
5-Year Treasury Note auction result for September 25, 2024
The 5-Year Treasury Note held on September 25, 2024 recorded an official high rate of 3.519% and a bid-to-cover ratio of 2.38. Bid-to-cover decreased from 2.41 at the preceding comparable auction.
High yield
3.519%
Bid-to-cover
2.38
Direct bidders
17.8%
Primary dealers
11.2%
Comparable historical context
| Auction date | Series | Result | Bid-to-cover | Offering | Direct | Indirect | Dealers |
|---|---|---|---|---|---|---|---|
| 2024-09-25 | 5Y Note | High yield: 3.519% | 2.38 | $70.0B | 17.8% | 68.7% | 11.2% |
| 2024-08-28 | 5Y Note | High yield: 3.645% | 2.41 | $70.0B | 15.0% | 65.1% | 12.2% |
| 2024-07-24 | 5Y Note | High yield: 4.121% | 2.40 | $70.0B | 17.7% | 63.5% | 13.2% |
| 2024-06-26 | 5Y Note | High yield: 4.331% | 2.35 | $70.0B | 17.0% | 66.3% | 12.9% |
| 2024-05-28 | 5Y Note | High yield: 4.553% | 2.30 | $70.0B | 14.5% | 61.2% | 18.4% |
| 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% |