5-Year Note · 25 Feb 2026
CUSIP 91282CQD6 · results published
- Offering
- $70.0 B
- Total tendered
- $170.7 B
- Total accepted
- $78.4 B
- Bid-to-cover
- 2.32×
- High yield
- 3.615 %
- Median yield
- 3.555 %
- Indirect bidders
- $43.69 B (62.5 %)
- Direct bidders
- $17.27 B (24.7 %)
- Primary dealers
- $8.95 B (12.8 %)
- SOMA
- $8.39 B
- Tail vs when-issued
- not computed
- Issue date
- 2 Mar 2026
Provenance
Source record: https://api.fiscaldata.treasury.gov/services/api/fiscal_service/v1/accounting/od/auctions_query?filter=cusip:eq:91282CQD6,auction_date:eq:2026-02-25 · results PDF R_20260225_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
| Date | Bid-to-cover | Dealers | Indirects | High yield |
|---|---|---|---|---|
| 27 Jan 2026 | 2.34× | 10.9 % | 60.7 % | 3.823 % |
| 23 Dec 2025 | 2.35× | 8.8 % | 59.5 % | 3.747 % |
| 18 Dec 2025 | 2.62× | 5.4 % | 72.6 % | 1.433 % |
| 25 Nov 2025 | 2.41× | 11.0 % | 61.4 % | 3.562 % |
| 27 Oct 2025 | 2.38× | 9.3 % | 66.8 % | 3.625 % |
| 23 Oct 2025 | 2.51× | 13.5 % | 62.1 % | 1.182 % |
| 24 Sept 2025 | 2.34× | 11.9 % | 59.4 % | 3.710 % |
| 27 Aug 2025 | 2.36× | 8.8 % | 60.5 % | 3.724 % |
| 28 Jul 2025 | 2.31× | 12.2 % | 58.3 % | 3.983 % |
| 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 % |