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How did the latest 15-year 1-month Treasury bond auction go?

The last 15-year 1-month bond auction was on ; Treasury published no result for it.

Discontinued Treasury has not auctioned this term since 7 October 1980.

This page also lists the occasional 14-year 10-month bond auctions, the nearest regular term to them.

High yield

11.750%

7 October 1980 · Auction results

Sold

$1.50 billion

$1.5 billion offered

The latest auction against its own history

Each measure against earlier 15-year 1-month bond auctions: how many were higher and lower, and their median
MeasureThis auctionWindowHigherLowerMedian
High yield11.750All 3 since 3 January 19801 of 32 of 310.610
High minus median, basis points14.0All 3 since 3 January 19800 of 33 of 32.0

The table scrolls sideways; the first column stays in place.

What this number cannot tell you
  • Why it sold where it did. Results show what was bid and accepted, not the reasons behind any bid.
  • The auction tail as markets quote it. That compares the high yield with the when-issued yield just before bids closed, a market price that is not public; we show high minus median instead, a different measure.
  • Who the bidders are. Indirect bidders include foreign and international accounts bidding through the New York Fed and investors bidding through dealers; Treasury does not publish names.
  • Demand on another day. A bid-to-cover ratio counts bids at one auction against the amount offered, and the amount offered changes from auction to auction.

Every 15-year 1-month bond auction

Auctions with results since 3 January 1980: 4.

15-year 1-month bond auctions, newest first; dated links open an auction's own page
AuctionOffered asHigh yield, %Bid-to-coverOffered, $ billionSold, $ billionIndirect, %Direct, %Dealers, %High − median, bp
15-Year 1-Month11.750–1.5001.501–––14.0
14-Year 10-Month10.440–1.5001.502–––2.0
15-Year 1-Month12.720–1.5001.501–––3.0
15-Year 1-Month10.610–1.5001.501–––1.0

The table scrolls sideways; the first column stays in place.

Sources and licence

Sources and licence

  • U.S. Treasury, Bureau of the Fiscal Service, Fiscal Data (source). Licence: Public domain, a work of the US federal government

Our text and compilation: CC BY 4.0. How to reuse and cite this page.