3-Year Note · 12 Jan 2026

CUSIP 91282CPT2 · results published

Offering
$58.0 B
Total tendered
$170.6 B
Total accepted
$74.9 B
Bid-to-cover
2.65×
High yield
3.609 %
Median yield
3.560 %
Indirect bidders
$32.51 B (56.5 %)
Direct bidders
$16.97 B (29.5 %)
Primary dealers
$8.06 B (14.0 %)
SOMA
$16.88 B
Tail vs when-issued
not computed
Issue date
15 Jan 2026

Provenance

Source record: https://api.fiscaldata.treasury.gov/services/api/fiscal_service/v1/accounting/od/auctions_query?filter=cusip:eq:91282CPT2,auction_date:eq:2026-01-12 · results PDF R_20260112_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
8 Dec 20252.64×9.0 %72.0 %3.614 %
10 Nov 20252.85×9.7 %63.0 %3.579 %
7 Oct 20252.66×10.7 %62.7 %3.576 %
9 Sept 20252.73×8.4 %74.2 %3.485 %
5 Aug 20252.53×17.9 %54.0 %3.669 %
8 Jul 20252.51×16.5 %54.1 %3.891 %
10 Jun 20252.52×15.2 %66.8 %3.972 %
5 May 20252.56×13.9 %62.4 %3.824 %
8 Apr 20252.47×20.7 %73.0 %3.784 %
11 Mar 20252.70×11.5 %62.5 %3.908 %
11 Feb 20252.79×10.2 %74.0 %4.300 %
6 Jan 20252.62×19.4 %61.0 %4.332 %
Auction 91282CPT2 · The Fiscal Desk