US Treasury auctions
What Treasury has announced, what has been sold and not yet settled, and where every term last cleared. Results through October 28, 2026, from Treasury's own announcements and results.
Announced auctions
As announced by Treasury, data through Wed, Oct 28
| Auction | Closes | Settles | Security | Security | Offering |
|---|---|---|---|---|---|
| Thu, Oct 29 | 11:30 AM ET | Tue, Nov 3 | 17-Week Billreopening | Bill due Dec 1, 2026912797VZ7 | $115.0B |
| Thu, Oct 29 | 11:30 AM ET | Tue, Nov 3 | 17-Week Billreopening | Bill due Dec 29, 2026912797WH6 | $110.0B |
| Thu, Oct 29 | 01:00 PM ET | Mon, Nov 2 | 7-Year Note | New 7-Year, due Oct 31, 203391282CRV5 | $44.0B |
Offering amounts are as announced. Where a closing time is shown, competitive bidding ends then and results usually follow within minutes; a newly announced auction may not carry one yet. Treasury announces most auctions on a Thursday, a median of four days ahead, so this list is shortest midweek and longest over a weekend. A short schedule on a Wednesday is the ordinary rhythm rather than missing data. Source: Treasury auction announcements.
Auctioned, not yet settled
| Term | Security | Auctioned | Settles | Offering | Cleared at |
|---|---|---|---|---|---|
| Bill 13-Weekreopening | Bill due Jan 28, 2027 | Oct 26, 2026 | Oct 29, 2026 | $95B | 4.050% discount4.149% investment |
| Bill 26-Week | Bill due Apr 29, 2027 | Oct 26, 2026 | Oct 29, 2026 | $82B | 4.210% discount4.361% investment |
| Bill 6-Weekreopening | Bill due Dec 10, 2026 | Oct 27, 2026 | Oct 29, 2026 | $95B | 3.950% discount4.023% investment |
| Bill 52-Week | Bill due Oct 28, 2027 | Oct 27, 2026 | Oct 29, 2026 | $54B | 4.290% discount4.496% investment |
| TIPS 5-Year | 2.25% Oct 15, 2031 | Oct 22, 2026 | Oct 30, 2026 | $26B | 2.367% real yield |
| Note 2-Year | 4.625% Oct 31, 2028 | Oct 26, 2026 | Nov 2, 2026 | $69B | 4.708% yield |
| Note 5-Year | 4.75% Oct 31, 2031 | Oct 27, 2026 | Nov 2, 2026 | $70B | 4.845% yield |
| FRN 2-Year | New 2-Year, due Oct 31, 2028 | Oct 28, 2026 | Nov 2, 2026 | $30B | 3.8 bp discount margin |
| Bill 17-Week | Bill due Mar 2, 2027 | Oct 28, 2026 | Nov 3, 2026 | $75B | 4.140% discount4.256% investment |
Strong or weak, by security
ranked against 24 months of the same term
Each auction ranked against 24 months of auctions for that same security. On every row 100 is strong demand, including dealer takedown and high less median, where a lower figure is the stronger one.
auctioned Oct 28, 2026 · against 24 prior
auctioned Oct 28, 2026 · against 104 prior
auctioned Oct 27, 2026 · against 24 prior
auctioned Oct 27, 2026 · against 26 prior
auctioned Oct 27, 2026 · against 88 prior
auctioned Oct 26, 2026 · against 104 prior
auctioned Oct 26, 2026 · against 104 prior
auctioned Oct 26, 2026 · against 23 prior
auctioned Oct 22, 2026 · against 103 prior
auctioned Oct 22, 2026 · against 103 prior
auctioned Oct 21, 2026 · against 23 prior
auctioned Oct 8, 2026 · against 23 prior
auctioned Oct 7, 2026 · against 23 prior
auctioned Oct 6, 2026 · against 23 prior
auctioned Sep 24, 2026 · against 24 prior
auctioned Sep 17, 2026 · against 11 prior
No reading for TIPS 5-Year (7 prior, needs 8), Bill 10-Day (0 prior, needs 8), TIPS 30-Year (3 prior, needs 8), Bill 27-Day (0 prior, needs 8), Bill 77-Day (1 prior, needs 8), Bill 16-Day (0 prior, needs 8), Bill 14-Day (1 prior, needs 8), Bill 12-Day (0 prior, needs 8), Bill 42-Day (last auctioned 624 days ago), Bill 33-Day (0 prior, needs 8), Bill 4-Day (0 prior, needs 8), Bill 41-Day (0 prior, needs 8), Bill 30-Day (0 prior, needs 8), Bill 40-Day (0 prior, needs 8). A series that stops, like a cash management bill, is reported rather than quietly left out.
The label counts how many measures land in the top or bottom third rather than averaging them, so an auction that covered well but was left with the dealers reads average and you can see the halves disagree. A rank is not a verdict: "strong" against nine prior auctions is a weaker claim than against fifty, which is why the count sits beside each security.
Latest result, by term
20 terms
| Term | Auctioned | Offering | Cleared at | Price | High less median | Allotted at high | Bid to cover | Dealers | Indirect | Direct | Noncompetitive |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Bill 17-WeekBill due Mar 2, 2027912797XB8 | Oct 28, 2026 | $75B | 4.140% discount4.256% investment | — | 1.5 bp | 35.5% | 3.08+0.23 · 6 prior | 35.1%−1.6 pt · 6 prior | 57.9% | 6.9% | $1B |
| FRN 2-YearNew 2-Year, due Oct 31, 202891282CRS2 | Oct 28, 2026 | $30B | 3.8 bp discount margin | — | — | 11.4% | 3.05−0.14 · 6 prior | 28.0%−6.3 pt · 6 prior | 71.4% | 0.7% | $0B |
| Bill 6-WeekBill due Dec 10, 2026912797VG9 | Oct 27, 2026 | $95B | 3.950% discount4.023% investment | — | 2.0 bp | 83.1% | 2.83−0.02 · 6 prior | 27.1%−2.1 pt · 6 prior | 67.2% | 5.7% | $1B |
| Note 5-Year4.75% Oct 31, 203191282CRT0 | Oct 27, 2026 | $70B | 4.845% yield | — | 5.5 bp | 98.6% | 2.33+0.02 · 6 prior | 10.6%−2.4 pt · 6 prior | 60.0% | 29.4% | $0B |
| Bill 52-WeekBill due Oct 28, 2027912797WT0 | Oct 27, 2026 | $54B | 4.290% discount4.496% investment | — | 3.0 bp | 65.3% | 3.15−0.22 · 6 prior | 23.9%−3.7 pt · 6 prior | 71.4% | 4.7% | $1B |
| Note 2-Year4.625% Oct 31, 202891282CRU7 | Oct 26, 2026 | $69B | 4.708% yield | — | 5.3 bp | 80.8% | 2.59−0.05 · 6 prior | 13.0%+1.7 pt · 6 prior | 45.7% | 41.3% | $1B |
| Bill 13-WeekBill due Jan 28, 2027912797VU8 | Oct 26, 2026 | $95B | 4.050% discount4.149% investment | — | 2.0 bp | 82.3% | 3.07+0.34 · 6 prior | 24.1%−11.0 pt · 6 prior | 69.2% | 6.7% | $2B |
| Bill 26-WeekBill due Apr 29, 2027912797WW3 | Oct 26, 2026 | $82B | 4.210% discount4.361% investment | — | 3.0 bp | 61.7% | 2.63−0.10 · 6 prior | 33.4%+5.1 pt · 6 prior | 55.1% | 11.5% | $1B |
| Bill 4-WeekBill due Nov 24, 2026912797VY0 | Oct 22, 2026 | $110B | 3.945% discount4.012% investment | — | 2.5 bp | 32.9% | 2.82+0.11 · 6 prior | 24.9%−8.5 pt · 6 prior | 68.1% | 7.0% | $6B |
| Bill 8-WeekBill due Dec 22, 2026912797WG8 | Oct 22, 2026 | $105B | 4.015% discount4.096% investment | — | 3.5 bp | 94.0% | 2.57−0.14 · 6 prior | 36.7%+3.0 pt · 6 prior | 57.8% | 5.5% | $1B |
| TIPS 5-Year2.25% Oct 15, 203191282CRR4 | Oct 22, 2026 | $26B | 2.367% real yield | — | 6.7 bp | 68.3% | 2.41−0.17 · 4 prior | 5.5%−2.2 pt · 4 prior | 62.0% | 32.4% | $0B |
| Bill 10-DayBill due Nov 5, 2026912797UM7 | Oct 22, 2026 | $25B | 3.925% discount3.984% investment | — | 2.5 bp | 72.0% | 3.87 | 77.7% | 18.3% | 4.0% | $0B |
| Bond 20-Year5.125% Aug 15, 2046912810UX4 | Oct 21, 2026 | $13B | 5.469% yield | — | 5.4 bp | 60.0% | 2.73+0.11 · 6 prior | 10.3%−1.7 pt · 6 prior | 58.2% | 31.6% | $0B |
| Bond 30-Year5.125% Aug 15, 2056912810UW6 | Oct 8, 2026 | $22B | 5.618% yield | — | 5.1 bp | 26.8% | 2.54+0.13 · 6 prior | 6.8%−3.5 pt · 6 prior | 72.3% | 20.9% | $0B |
| Note 10-Year4.625% Aug 15, 203691282CRF0 | Oct 7, 2026 | $39B | 5.300% yield | — | 4.5 bp | 57.6% | 2.77+0.23 · 6 prior | 2.5%−6.3 pt · 6 prior | 80.3% | 17.1% | $0B |
| Note 3-Year4.875% Oct 15, 202991282CRQ6 | Oct 6, 2026 | $58B | 4.932% yield | — | 5.2 bp | 8.3% | 2.62−0.03 · 6 prior | 10.7%−1.9 pt · 6 prior | 57.6% | 31.7% | $1B |
| Note 7-Year5% Sep 30, 203391282CRM5 | Sep 24, 2026 | $44B | 5.085% yield | — | 6.6 bp | 91.1% | 2.42−0.07 · 6 prior | 12.5%+0.5 pt · 6 prior | 57.2% | 30.3% | $1B |
| TIPS 10-Year2.375% Jul 15, 203691282CRE3 | Sep 17, 2026 | $19B | 2.653% real yield | — | 7.6 bp | 93.1% | 2.24−0.18 · 5 prior | 12.2%+1.1 pt · 5 prior | 59.1% | 28.7% | $0B |
| TIPS 30-Year2.375% Feb 15, 2056912810US5 | Aug 20, 2026 | $8B | 2.973% real yield | — | 4.8 bp | 67.8% | 2.82+0.07 · 1 prior | 2.1%−0.4 pt · 1 prior | 84.4% | 13.4% | $0B |
| Bill 27-DayBill due Jun 18, 2026912797TD9 | May 21, 2026 | $25B | 3.605% discount3.665% investment | — | 2.0 bp | 12.8% | 4.60 | 71.6% | 15.5% | 12.9% | $0B |
Changes are against the mean of up to six prior auctions of the same term, not against the previous one, and the number actually averaged is shown beside each, since "up to" is doing real work and a newly introduced term has fewer and a delta over two priors is a weaker claim than one over six while looking identical. The rate is the highest accepted and its basis is named in each cell: bills clear on a discount rate, shown with the coupon-equivalent investment rate beside it; inflation-indexed notes on a real yield; floaters on a discount margin in basis points; fixed-rate notes and bonds on a nominal yield. These are not one series and must not be compared as one.
Dealers, indirect and direct are shares of the competitive award and sum to 100%. Noncompetitive tenders are filled in full at the clearing rate and sit outside that award, so they are shown in dollars rather than as a fourth share. The Fed's own rollovers (SOMA) are excluded from bid to cover on both sides, from the bids and from the amount awarded, so they are not part of these figures either. Price is the price at the highest accepted rate, which for a reopening is above or below par rather than at it. Allotted at high is the share of bids at the clearing rate that were filled.