19-Year 10-Month Bond reopening · 22 Oct 2025

CUSIP 912810UN6 · results published

Offering
$13.0 B
Total tendered
$36.3 B
Total accepted
$13.7 B
Bid-to-cover
2.73×
High yield
4.506 %
Median yield
4.464 %
Indirect bidders
$8.23 B (63.6 %)
Direct bidders
$3.41 B (26.3 %)
Primary dealers
$1.30 B (10.0 %)
SOMA
$0.75 B
Tail vs when-issued
not computed
Issue date
31 Oct 2025

Provenance

Source record: https://api.fiscaldata.treasury.gov/services/api/fiscal_service/v1/accounting/od/auctions_query?filter=cusip:eq:912810UN6,auction_date:eq:2025-10-22 · results PDF R_20251022_2.pdf

Snapshot 6b6428474d32 fetched Tue 22 Sept 2026, 10:50 am ET from https://api.fiscaldata.treasury.gov/services/api/fiscal_service/v1/accounting/od/auctions_query?filter=auction_date%3Agte%3A2019-01-01&sort=-auction_date&page%5Bsize%5D=10000&page%5Bnumber%5D=1

Previous 19-Year 10-Month auctions

DateBid-to-coverDealersIndirectsHigh yield
16 Sept 20252.74×7.6 %64.6 %4.613 %
20 Aug 20252.54×12.9 %60.6 %4.876 %
23 Jul 20252.79×10.7 %67.4 %4.935 %
16 Jun 20252.68×13.4 %66.7 %4.942 %
21 May 20252.46×16.9 %69.0 %5.047 %
16 Apr 20252.63×17.0 %70.7 %4.810 %
18 Mar 20252.78×8.8 %68.8 %4.632 %
19 Feb 20252.43×17.5 %63.0 %4.830 %
22 Jan 20252.75×10.4 %69.5 %4.900 %
17 Dec 20242.50×17.9 %62.0 %4.686 %
20 Nov 20242.34×22.6 %69.5 %4.680 %
23 Oct 20242.59×14.5 %67.9 %4.590 %
Auction 912810UN6 · The Fiscal Desk