3-Year Note · 11 Feb 2025

CUSIP 91282CMN8 · results published

Offering
$58.0 B
Total tendered
$177.5 B
Total accepted
$73.9 B
Bid-to-cover
2.79×
High yield
4.300 %
Median yield
4.260 %
Indirect bidders
$42.56 B (74.0 %)
Direct bidders
$9.10 B (15.8 %)
Primary dealers
$5.86 B (10.2 %)
SOMA
$15.93 B
Tail vs when-issued
not computed
Issue date
18 Feb 2025

Provenance

Source record: https://api.fiscaldata.treasury.gov/services/api/fiscal_service/v1/accounting/od/auctions_query?filter=cusip:eq:91282CMN8,auction_date:eq:2025-02-11 · results PDF R_20250211_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 3-Year auctions

DateBid-to-coverDealersIndirectsHigh yield
6 Jan 20252.62×19.4 %61.0 %4.332 %
10 Dec 20242.58×15.1 %64.2 %4.117 %
4 Nov 20242.60×19.8 %70.6 %4.152 %
8 Oct 20242.45×19.2 %56.9 %3.878 %
10 Sept 20242.66×10.5 %78.2 %3.440 %
6 Aug 20242.55×15.4 %64.4 %3.810 %
9 Jul 20242.67×14.8 %64.0 %4.399 %
10 Jun 20242.43×20.0 %64.1 %4.659 %
7 May 20242.63×14.9 %65.5 %4.605 %
9 Apr 20242.50×19.3 %60.3 %4.548 %
11 Mar 20242.60×14.4 %70.1 %4.256 %
6 Feb 20242.58×15.7 %66.0 %4.169 %
Auction 91282CMN8 · The Fiscal Desk