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Treasury Auction

2-Year Note

October 25, 2023

F

Key Metrics

Offered

$26B

Bid-to-Cover

3.23

th percentile

High Yield

Tail

bp

Indirect

71.7%

Dealer

28.2%

Recent 2-Year Auctions

DateB/CTailIndirectGrade
October 24, 20232.64bp62.0%F
September 26, 20232.73bp65.0%F
August 28, 20232.94bp65.0%F
July 26, 20232.58bp53.3%F
July 24, 20232.78bp65.5%F

2-Year Trends

Bid-to-Cover History

Indirect Bidder Allocation History