Treasury auctions · highs and lows
What was the highest bid-to-cover ratio of each Treasury auction term?
As of , this page covers 18 current Treasury auction terms, each with the highest bid-to-cover ratio we hold for it and the day it was set.
Last updated . This page normally updates every day; the latest update is late.
Term by term
What was the highest bid-to-cover ratio of each term?18 terms
| Term | Highest bid-to-cover | Latest day | Auctions at it | Data from |
|---|---|---|---|---|
| 4-week bill | 10.72 | 1 | ||
| 6-week bill | 3.57 | 1 | ||
| 8-week bill | 4.46 | 1 | ||
| 13-week bill | 5.39 | 1 | ||
| 17-week bill | 3.55 | 1 | ||
| 26-week bill | 6.12 | 1 | ||
| 52-week bill | 5.34 | 1 | ||
| 2-year note | 4.07 | 2 | ||
| 3-year note | 3.96 | 1 | ||
| 5-year note | 3.29 | 1 | ||
| 7-year note | 3.24 | 1 | ||
| 10-year note | 3.72 | 1 | ||
| 20-year bond | 2.87 | 1 | ||
| 30-year bond | 3.05 | 1 | ||
| 5-year TIPS | 3.56 | 1 | ||
| 10-year TIPS | 5.31 | 1 | ||
| 30-year TIPS | 3.06 | 1 | ||
| 2-year FRN | 5.67 | 1 |
The table scrolls sideways; the first column stays in place.
Each term's page has its lowest, the rate, the bidder shares and the amount offered, with their days. Bills have no pages of their own for single auctions, so a bill's day is not a link.
What do the figures leave out, and how are they cited?Limits, dates and how to cite
Auctions of exactly twenty-five million dollars, taken only by primary dealers, are left out of these comparisons.
Two auctions share a value when it prints the same: a ratio to two places, a rate to three, a share to one decimal.
Observed .
How to cite this
U.S. Treasury, Bureau of the Fiscal Service, Fiscal Data, Treasury Securities Auctions Data, through 15 October 2026. Compiled by 500metrics, "What was the highest bid-to-cover ratio of each Treasury auction term?", https://500metrics.com/treasury/auctions/records.
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