5-Year Note · 25 Jun 2025

CUSIP 91282CNK3 · results published

Offering
$70.0 B
Total tendered
$171.9 B
Total accepted
$77.0 B
Bid-to-cover
2.36×
High yield
3.879 %
Median yield
3.819 %
Indirect bidders
$45.21 B (64.7 %)
Direct bidders
$17.08 B (24.4 %)
Primary dealers
$7.61 B (10.9 %)
SOMA
$6.97 B
Tail vs when-issued
not computed
Issue date
30 Jun 2025

Provenance

Source record: https://api.fiscaldata.treasury.gov/services/api/fiscal_service/v1/accounting/od/auctions_query?filter=cusip:eq:91282CNK3,auction_date:eq:2025-06-25 · results PDF R_20250625_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 5-Year auctions

DateBid-to-coverDealersIndirectsHigh yield
17 Jun 20252.53×6.6 %74.6 %1.650 %
28 May 20252.39×9.2 %78.4 %4.071 %
23 Apr 20252.41×11.1 %64.0 %3.995 %
17 Apr 20252.28×18.1 %64.2 %1.702 %
26 Mar 20252.33×13.2 %75.8 %4.100 %
25 Feb 20252.42×10.6 %74.9 %4.123 %
27 Jan 20252.40×11.1 %62.8 %4.330 %
24 Dec 20242.40×12.5 %67.3 %4.478 %
19 Dec 20242.10×25.4 %51.4 %2.121 %
26 Nov 20242.43×11.3 %64.1 %4.197 %
28 Oct 20242.39×14.2 %76.4 %4.138 %
24 Oct 20242.40×7.9 %74.8 %1.670 %
Auction 91282CNK3 · The Fiscal Desk