Every 3-year note auction, page 2 of 2 Auctions with results since 5 May 1981: 297 .
3-year note auctions, newest first; dated links open an auction's own page Auction Offered as High yield, % Bid-to-cover Offered, $ billion Sold, $ billion Indirect, % Direct, % Dealers, % High − median, bp 8 Dec 2009 3-Year 1.223 2.98 40.000 40.215 60.9 2.9 36.2 5.6 9 Nov 2009 3-Year 1.404 3.33 40.000 44.974 68.5 7.5 23.9 3.4 6 Oct 2009 3-Year 1.445 2.76 39.000 39.305 49.1 10.9 40.0 5.8 8 Sep 2009 3-Year 1.487 3.02 38.000 38.080 54.2 3.3 42.5 5.7 11 Aug 2009 3-Year 1.780 2.89 37.000 42.715 62.5 2.0 35.5 5.3 7 Jul 2009 3-Year 1.519 2.62 35.000 35.592 54.0 7.5 38.5 8.9 9 Jun 2009 3-Year 1.960 2.82 35.000 35.370 43.8 15.8 40.5 5.6 5 May 2009 3-Year 1.473 2.66 35.000 41.191 37.3 6.1 56.6 5.3 8 Apr 2009 3-Year 1.385 2.42 35.000 35.557 38.5 3.0 58.5 5.5 10 Mar 2009 3-Year 1.489 2.26 34.000 34.605 40.3 1.8 57.9 7.0 10 Feb 2009 3-Year 1.419 2.67 32.000 33.629 44.8 1.1 54.1 4.6 7 Jan 2009 3-Year 1.200 2.21 30.000 32.484 28.0 1.0 70.9 8.0 10 Dec 2008 3-Year 1.245 2.15 28.000 28.842 35.3 0.3 64.5 9.6 10 Nov 2008 3-Year 1.800 3.07 25.000 29.443 36.1 1.3 62.7 5.7 7 May 2007 3-Year 4.574 2.39 14.000 18.939 – – – 2.0 6 Feb 2007 3-Year 4.800 2.97 16.000 17.468 – – – 1.0 8 Nov 2006 3-Year 4.666 2.27 19.000 24.772 – – – 1.7 7 Aug 2006 3-Year 4.898 2.14 21.000 23.418 – – – 2.7 9 May 2006 3-Year 4.995 2.31 21.000 27.379 – – – 1.8 7 Feb 2006 3-Year 4.595 2.03 21.000 22.307 – – – 2.4 8 Nov 2005 3-Year 4.458 2.42 18.000 21.449 – – – 1.8 8 Aug 2005 3-Year 4.204 2.31 18.000 20.287 – – – 2.0 10 May 2005 3-Year 3.821 2.38 22.000 26.707 – – – 1.1 8 Feb 2005 3-Year 3.470 2.01 22.000 23.883 – – – 5.0 9 Aug 2004 3-Year 2.842 2.02 22.000 24.668 – – – 1.2 11 May 2004 3-Year 3.199 2.08 24.000 27.562 – – – 3.1 10 Feb 2004 3-Year 2.330 2.27 24.000 25.666 – – – 3.0 10 Nov 2003 3-Year 2.625 2.11 24.000 26.538 – – – 4.2 5 Aug 2003 3-Year 2.422 1.32 24.000 27.907 – – – 7.2 6 May 2003 3-Year 2.009 1.96 22.000 22.391 – – – 2.9 12 May 1998 3-Year 5.639 – 10.000 12.857 – – – 0.6 10 Feb 1998 3-Year 5.420 – 13.000 15.336 – – – 0.6 4 Nov 1997 3-Year 5.768 – 14.000 16.007 – – – 0.6 5 Aug 1997 3-Year 6.047 – 16.000 18.024 – – – 0.6 6 May 1997 3-Year 6.449 – 17.000 20.726 – – – 1.1 11 Feb 1997 3-Year 6.005 – 17.750 20.396 – – – 0.8 5 Nov 1996 3-Year 5.889 – 18.500 22.852 – – – 1.0 6 Aug 1996 3-Year 6.124 – 19.000 22.668 – – – 0.6 7 May 1996 3-Year 6.400 – 19.000 23.308 – – – 1.0 6 Feb 1996 3-Year 5.046 – 18.500 21.978 – – – 0.3 20 Nov 1995 3-Year 5.550 – 18.000 20.566 – – – 0.1 8 Aug 1995 3-Year 6.019 – 18.000 22.382 – – – 2.2 9 May 1995 3-Year 6.200 – 17.500 21.162 – – – 3.5 7 Feb 1995 3-Year 7.340 – 17.000 20.853 – – – 0.0 8 Nov 1994 3-Year 7.420 – 17.000 20.728 – – – 1.0 9 Aug 1994 3-Year 6.620 – 17.000 20.126 – – – 1.0 10 May 1994 3-Year 6.550 – 17.000 21.672 – – – 1.0 8 Feb 1994 3-Year 4.830 – 17.000 19.808 – – – 0.0 9 Nov 1993 3-Year 4.460 – 17.000 22.046 – – – 2.0 10 Aug 1993 3-Year 4.490 – 16.500 20.657 – – – 0.0 11 May 1993 3-Year 4.270 – 16.000 19.234 – – – 0.0 9 Feb 1993 3-Year 4.730 – 15.500 19.518 – – – 0.0 9 Nov 1992 3-Year 5.180 – 15.500 19.153 – – – 1.0 11 Aug 1992 3-Year 4.700 – 15.000 18.008 – – – 1.0 5 May 1992 3-Year 5.970 – 15.000 19.108 – – – 1.0 11 Feb 1992 3-Year 5.550 – 15.000 17.728 – – – 1.0 5 Nov 1991 3-Year 6.030 – 14.000 16.785 – – – 3.0 6 Aug 1991 3-Year 6.930 – 14.000 17.070 – – – 1.0 7 May 1991 3-Year 7.090 – 13.500 18.075 – – – 0.0 5 Feb 1991 3-Year 6.980 – 12.500 15.504 – – – 0.0 6 Nov 1990 3-Year 7.790 – 12.500 17.127 – – – 1.0 7 Aug 1990 3-Year 8.100 – 11.500 15.436 – – – 0.0 8 May 1990 3-Year 8.750 – 10.500 13.046 – – – 1.0 6 Feb 1990 3-Year 8.440 – 10.000 14.656 – – – 1.0 9 Nov 1989 3-Year 7.780 – 10.000 14.298 – – – 1.0 8 Aug 1989 3-Year 7.940 – 10.000 13.487 – – – 1.0 9 May 1989 3-Year 9.120 – 9.750 12.560 – – – 0.0 7 Feb 1989 3-Year 9.190 – 9.750 11.337 – – – 1.0 8 Nov 1988 3-Year 8.600 – 9.500 11.449 – – – 1.0 9 Aug 1988 3-Year 8.770 – 11.000 13.362 – – – 0.0 2 Feb 1988 3-Year 7.430 – 9.250 11.533 – – – 1.0 3 Nov 1987 3-Year 8.050 – 9.750 13.345 – – – 2.0 11 Aug 1987 3-Year 7.940 – 9.750 11.052 – – – 0.0 5 May 1987 3-Year 7.940 – 10.000 11.893 – – – 3.0 3 Feb 1987 3-Year 6.540 – 10.000 14.203 – – – 0.0 4 Nov 1986 3-Year 6.420 – 10.000 11.869 – – – 0.0 5 Aug 1986 3-Year 6.740 – 9.500 12.697 – – – 1.0 6 May 1986 3-Year 6.980 – 9.000 10.420 – – – 1.0 4 Feb 1986 3-Year 8.140 – 9.000 10.213 – – – 3.0 19 Nov 1985 3-Year 8.750 – 8.750 9.109 – – – 1.0 6 Aug 1985 3-Year 9.540 – 8.500 10.809 – – – 1.0 7 May 1985 3-Year 10.030 – 8.000 9.875 – – – 3.0 5 Feb 1985 3-Year 10.400 – 7.250 8.376 – – – 0.0 5 Nov 1984 3-Year 11.030 – 6.500 8.127 – – – 2.0 7 Aug 1984 3-Year 12.480 – 6.500 7.607 – – – 2.0 8 May 1984 3-Year 12.540 – 6.500 7.659 – – – 0.0 7 Feb 1984 3-Year 10.960 – 6.500 9.051 – – – 0.0 7 Nov 1983 3-Year 11.120 – 6.500 7.633 – – – 1.0 2 Aug 1983 3-Year 11.460 – 6.500 8.750 – – – 3.0 3 May 1983 3-Year 9.490 – 6.500 7.252 – – – 1.0 1 Feb 1983 3-Year 10.020 – 6.500 8.021 – – – 4.0 3 Nov 1982 3-Year 9.900 – 6.000 6.931 – – – 4.0 3 Aug 1982 3-Year 13.220 – 6.000 7.404 – – – 5.0 4 May 1982 3-Year 14.190 – 5.250 6.854 – – – 2.0 2 Feb 1982 3-Year 14.670 – 5.000 5.807 – – – 4.0 2 Nov 1981 3-Year 14.460 – 4.500 6.169 – – – 3.0 5 May 1981 3-Year 15.820 – 3.000 3.681 – – – 1.0
The table scrolls sideways; the first column stays in place.
Source: U.S. Treasury, Bureau of the Fiscal Service, Fiscal Data, Treasury Securities Auctions Data . Observed 8 Sep 2026 .
Shares of competitive bids, grades against earlier auctions and the high-minus-median spread are computed by 500metrics from Treasury's published fields; how .