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Treasury Auction

2-Year Note

August 23, 2022

F

Key Metrics

Offered

$44B

Bid-to-Cover

2.49

th percentile

High Yield

3.307%

Tail

bp

Indirect

59.7%

Dealer

22.9%

Recent 2-Year Auctions

DateB/CTailIndirectGrade
July 27, 20223.13bp69.4%F
July 25, 20222.58bp62.0%F
June 27, 20222.51bp51.5%F
May 24, 20222.61bp62.5%F
April 27, 20222.51bp29.5%F

2-Year Trends

Bid-to-Cover History

Indirect Bidder Allocation History