2-Year Note · 27 May 2025

CUSIP 91282CNE7 · results published

Offering
$69.0 B
Total tendered
$186.6 B
Total accepted
$78.4 B
Bid-to-cover
2.57×
High yield
3.955 %
Median yield
3.900 %
Indirect bidders
$43.51 B (63.3 %)
Direct bidders
$17.99 B (26.2 %)
Primary dealers
$7.20 B (10.5 %)
SOMA
$9.45 B
Tail vs when-issued
not computed
Issue date
2 Jun 2025

Provenance

Source record: https://api.fiscaldata.treasury.gov/services/api/fiscal_service/v1/accounting/od/auctions_query?filter=cusip:eq:91282CNE7,auction_date:eq:2025-05-27 · results PDF R_20250527_3.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 2-Year auctions

DateBid-to-coverDealersIndirectsHigh yield
23 Apr 20252.69×49.6 %48.6 %
22 Apr 20252.52×13.7 %56.2 %3.795 %
26 Mar 20252.87×34.2 %64.0 %
25 Mar 20252.66×10.7 %75.8 %3.984 %
26 Feb 20252.72×32.1 %66.1 %
24 Feb 20252.56×6.9 %85.5 %4.169 %
28 Jan 20253.01×20.9 %77.5 %
27 Jan 20252.66×13.7 %65.0 %4.211 %
24 Dec 20242.98×29.5 %69.6 %
23 Dec 20242.73×11.3 %82.1 %4.335 %
26 Nov 20242.86×28.5 %70.6 %
25 Nov 20242.77×9.2 %71.6 %4.274 %
Auction 91282CNE7 · The Fiscal Desk