7-Year Note · 26 Nov 2025
CUSIP 91282CPM7 · results published
- Offering
- $44.0 B
- Total tendered
- $113.2 B
- Total accepted
- $49.0 B
- Bid-to-cover
- 2.46×
- High yield
- 3.781 %
- Median yield
- 3.715 %
- Indirect bidders
- $24.89 B (56.7 %)
- Direct bidders
- $13.30 B (30.3 %)
- Primary dealers
- $5.74 B (13.1 %)
- SOMA
- $5.03 B
- Tail vs when-issued
- not computed
- Issue date
- 1 Dec 2025
Provenance
Source record: https://api.fiscaldata.treasury.gov/services/api/fiscal_service/v1/accounting/od/auctions_query?filter=cusip:eq:91282CPM7,auction_date:eq:2025-11-26 · results PDF R_20251126_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 7-Year auctions
| Date | Bid-to-cover | Dealers | Indirects | High yield |
|---|---|---|---|---|
| 28 Oct 2025 | 2.46× | 13.1 % | 59.0 % | 3.790 % |
| 25 Sept 2025 | 2.40× | 12.0 % | 56.4 % | 3.953 % |
| 28 Aug 2025 | 2.49× | 9.8 % | 77.5 % | 3.925 % |
| 29 Jul 2025 | 2.79× | 4.1 % | 62.3 % | 4.092 % |
| 26 Jun 2025 | 2.53× | 11.6 % | 76.7 % | 4.022 % |
| 29 May 2025 | 2.69× | 4.9 % | 71.5 % | 4.194 % |
| 24 Apr 2025 | 2.55× | 15.3 % | 59.3 % | 4.123 % |
| 27 Mar 2025 | 2.53× | 12.7 % | 61.2 % | 4.233 % |
| 26 Feb 2025 | 2.64× | 8.8 % | 66.1 % | 4.194 % |
| 28 Jan 2025 | 2.64× | 9.9 % | 67.1 % | 4.457 % |
| 26 Dec 2024 | 2.76× | 9.3 % | 87.9 % | 4.532 % |
| 27 Nov 2024 | 2.71× | 10.0 % | 64.1 % | 4.183 % |