5-Year Note · 28 Jul 2025
CUSIP 91282CNN7 · results published
- Offering
- $70.0 B
- Total tendered
- $166.8 B
- Total accepted
- $74.8 B
- Bid-to-cover
- 2.31×
- High yield
- 3.983 %
- Median yield
- 3.920 %
- Indirect bidders
- $40.72 B (58.3 %)
- Direct bidders
- $20.61 B (29.5 %)
- Primary dealers
- $8.54 B (12.2 %)
- SOMA
- $4.77 B
- Tail vs when-issued
- not computed
- Issue date
- 31 Jul 2025
Provenance
Source record: https://api.fiscaldata.treasury.gov/services/api/fiscal_service/v1/accounting/od/auctions_query?filter=cusip:eq:91282CNN7,auction_date:eq:2025-07-28 · results PDF R_20250728_4.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
| Date | Bid-to-cover | Dealers | Indirects | High yield |
|---|---|---|---|---|
| 25 Jun 2025 | 2.36× | 10.9 % | 64.7 % | 3.879 % |
| 17 Jun 2025 | 2.53× | 6.6 % | 74.6 % | 1.650 % |
| 28 May 2025 | 2.39× | 9.2 % | 78.4 % | 4.071 % |
| 23 Apr 2025 | 2.41× | 11.1 % | 64.0 % | 3.995 % |
| 17 Apr 2025 | 2.28× | 18.1 % | 64.2 % | 1.702 % |
| 26 Mar 2025 | 2.33× | 13.2 % | 75.8 % | 4.100 % |
| 25 Feb 2025 | 2.42× | 10.6 % | 74.9 % | 4.123 % |
| 27 Jan 2025 | 2.40× | 11.1 % | 62.8 % | 4.330 % |
| 24 Dec 2024 | 2.40× | 12.5 % | 67.3 % | 4.478 % |
| 19 Dec 2024 | 2.10× | 25.4 % | 51.4 % | 2.121 % |
| 26 Nov 2024 | 2.43× | 11.3 % | 64.1 % | 4.197 % |
| 28 Oct 2024 | 2.39× | 14.2 % | 76.4 % | 4.138 % |