Upcoming US Treasury auction - 6 week

18 April 2025 - Written by ML

Schedule

The table provides details of upcoming US Treasury security auctions. Details on each auction can be accessed on the Treasury website(U.S. Department of the Treasury, 2025).

Upcoming Treasury Auctions
Summary of Key Auction Details
Auction Date Issue Date Maturity Date Amount ($B) Security Type Term Int. Freq. Notes
April 21, 2025 April 24, 2025 July 24, 2025 76 B Bill 13-Week N/A Reopening
April 21, 2025 April 24, 2025 October 23, 2025 68 B Bill 26-Week N/A None
April 22, 2025 April 30, 2025 April 30, 2027 69 B Note 2-Year Semi None
April 22, 2025 April 24, 2025 June 5, 2025 70 B Bill 6-Week N/A Reopening
April 23, 2025 April 30, 2025 April 30, 2027 30 B Note 2-Year Qtr Floating
April 23, 2025 April 30, 2025 April 30, 2030 70 B Note 5-Year Semi None
April 24, 2025 April 30, 2025 April 30, 2032 44 B Note 7-Year Semi None
Source: U.S. Treasury, extracted April 17, 2025

Past auction data

6 week bill

Annual summary

Annual Auction Summary
All figures annual medians, allocations in %
Year Total Accepted (B) Median Bid-to-Cover
Allocation (%)
Primary Dealer Direct Bidder Indirect Bidder FIMA Non‑comp Treasury Retail Other Non‑comp SOMA
2025 667 2.9 39% 4% 51% 0% 0% 1% 5%
Allocation columns – Primary Dealer (own house account), Direct Bidder (own house account), Indirect Bidder (including foreign & intl monetary authorities), FIMA Noncompetitive (foreign & intl monetary authorities), Treasury Retail Noncompetitive, Other Noncompetitive, SOMA (managed by Federal Reserve)

Auction result by Year

2018 Auction Results

Treasury Auction Results 2018
Summary of Key Auction Metrics for 2018
Auction Date Issue Date Maturity Date Bid‑to‑Cover Ratio Price per 100 Accepted ($B)
Source: U.S. Treasury, extracted April 17 2025

2019 Auction Results

Treasury Auction Results 2019
Summary of Key Auction Metrics for 2019
Auction Date Issue Date Maturity Date Bid‑to‑Cover Ratio Price per 100 Accepted ($B)
Source: U.S. Treasury, extracted April 17 2025

2020 Auction Results

Treasury Auction Results 2020
Summary of Key Auction Metrics for 2020
Auction Date Issue Date Maturity Date Bid‑to‑Cover Ratio Price per 100 Accepted ($B)
Source: U.S. Treasury, extracted April 17 2025

2021 Auction Results

Treasury Auction Results 2021
Summary of Key Auction Metrics for 2021
Auction Date Issue Date Maturity Date Bid‑to‑Cover Ratio Price per 100 Accepted ($B)
Source: U.S. Treasury, extracted April 17 2025

2022 Auction Results

Treasury Auction Results 2022
Summary of Key Auction Metrics for 2022
Auction Date Issue Date Maturity Date Bid‑to‑Cover Ratio Price per 100 Accepted ($B)
Source: U.S. Treasury, extracted April 17 2025

2023 Auction Results

Treasury Auction Results 2023
Summary of Key Auction Metrics for 2023
Auction Date Issue Date Maturity Date Bid‑to‑Cover Ratio Price per 100 Accepted ($B)
Source: U.S. Treasury, extracted April 17 2025

2024 Auction Results

Treasury Auction Results 2024
Summary of Key Auction Metrics for 2024
Auction Date Issue Date Maturity Date Bid‑to‑Cover Ratio Price per 100 Accepted ($B)
Source: U.S. Treasury, extracted April 17 2025

2025 Auction Results

Treasury Auction Results 2025
Summary of Key Auction Metrics for 2025
Auction Date Issue Date Maturity Date Bid‑to‑Cover Ratio Price per 100 Accepted ($B)
April 22, 2025 April 24, 2025 June 5, 2025 NA NA NA
April 15, 2025 April 17, 2025 May 29, 2025 2.7 99.505 73 B
April 8, 2025 April 10, 2025 May 22, 2025 2.8 99.502 74 B
April 1, 2025 April 3, 2025 May 15, 2025 2.9 99.505 74 B
March 25, 2025 March 27, 2025 May 8, 2025 2.9 99.507 71 B
March 18, 2025 March 20, 2025 May 1, 2025 2.9 99.506 70 B
March 11, 2025 March 13, 2025 April 24, 2025 3.0 99.506 71 B
March 4, 2025 March 6, 2025 April 17, 2025 2.9 99.505 71 B
February 25, 2025 February 27, 2025 April 10, 2025 3.0 99.507 79 B
February 18, 2025 February 20, 2025 April 3, 2025 2.5 99.502 84 B
Source: U.S. Treasury, extracted April 17 2025

Statistics by Year

2018 Stats by Year

Auction Statistics
Key Metrics Summary for 2018 • Total Issues: 0
Metric Min Max Average Median
Total Accepted (B) InfT −InfT NaN NA
bidToCoverRatio Inf −Inf NaN NA
pricePer100 Inf −Inf NaN NA
highDiscountRate Inf −Inf NaN NA
highInvestmentRate Inf −Inf NaN NA
Primary Dealer (own house account) Inf −Inf NaN NA
Direct Bidder (own house account) Inf −Inf NaN NA
Indirect Bidder (including foreign & intl monetary authorities) Inf −Inf NaN NA
FIMA Noncompetitive (foreign & intl monetary authorities) Inf −Inf NaN NA
SOMA (managed by Federal Reserve) Inf −Inf NaN NA
Treasury Retail Noncompetitive Inf −Inf NaN NA
Other Noncompetitive Inf −Inf NaN NA
Source: U.S. Treasury, extracted April 17, 2025

2019 Stats by Year

Auction Statistics
Key Metrics Summary for 2019 • Total Issues: 0
Metric Min Max Average Median
Total Accepted (B) InfT −InfT NaN NA
bidToCoverRatio Inf −Inf NaN NA
pricePer100 Inf −Inf NaN NA
highDiscountRate Inf −Inf NaN NA
highInvestmentRate Inf −Inf NaN NA
Primary Dealer (own house account) Inf −Inf NaN NA
Direct Bidder (own house account) Inf −Inf NaN NA
Indirect Bidder (including foreign & intl monetary authorities) Inf −Inf NaN NA
FIMA Noncompetitive (foreign & intl monetary authorities) Inf −Inf NaN NA
SOMA (managed by Federal Reserve) Inf −Inf NaN NA
Treasury Retail Noncompetitive Inf −Inf NaN NA
Other Noncompetitive Inf −Inf NaN NA
Source: U.S. Treasury, extracted April 17, 2025

2020 Stats by Year

Auction Statistics
Key Metrics Summary for 2020 • Total Issues: 0
Metric Min Max Average Median
Total Accepted (B) InfT −InfT NaN NA
bidToCoverRatio Inf −Inf NaN NA
pricePer100 Inf −Inf NaN NA
highDiscountRate Inf −Inf NaN NA
highInvestmentRate Inf −Inf NaN NA
Primary Dealer (own house account) Inf −Inf NaN NA
Direct Bidder (own house account) Inf −Inf NaN NA
Indirect Bidder (including foreign & intl monetary authorities) Inf −Inf NaN NA
FIMA Noncompetitive (foreign & intl monetary authorities) Inf −Inf NaN NA
SOMA (managed by Federal Reserve) Inf −Inf NaN NA
Treasury Retail Noncompetitive Inf −Inf NaN NA
Other Noncompetitive Inf −Inf NaN NA
Source: U.S. Treasury, extracted April 17, 2025

2021 Stats by Year

Auction Statistics
Key Metrics Summary for 2021 • Total Issues: 0
Metric Min Max Average Median
Total Accepted (B) InfT −InfT NaN NA
bidToCoverRatio Inf −Inf NaN NA
pricePer100 Inf −Inf NaN NA
highDiscountRate Inf −Inf NaN NA
highInvestmentRate Inf −Inf NaN NA
Primary Dealer (own house account) Inf −Inf NaN NA
Direct Bidder (own house account) Inf −Inf NaN NA
Indirect Bidder (including foreign & intl monetary authorities) Inf −Inf NaN NA
FIMA Noncompetitive (foreign & intl monetary authorities) Inf −Inf NaN NA
SOMA (managed by Federal Reserve) Inf −Inf NaN NA
Treasury Retail Noncompetitive Inf −Inf NaN NA
Other Noncompetitive Inf −Inf NaN NA
Source: U.S. Treasury, extracted April 17, 2025

2022 Stats by Year

Auction Statistics
Key Metrics Summary for 2022 • Total Issues: 0
Metric Min Max Average Median
Total Accepted (B) InfT −InfT NaN NA
bidToCoverRatio Inf −Inf NaN NA
pricePer100 Inf −Inf NaN NA
highDiscountRate Inf −Inf NaN NA
highInvestmentRate Inf −Inf NaN NA
Primary Dealer (own house account) Inf −Inf NaN NA
Direct Bidder (own house account) Inf −Inf NaN NA
Indirect Bidder (including foreign & intl monetary authorities) Inf −Inf NaN NA
FIMA Noncompetitive (foreign & intl monetary authorities) Inf −Inf NaN NA
SOMA (managed by Federal Reserve) Inf −Inf NaN NA
Treasury Retail Noncompetitive Inf −Inf NaN NA
Other Noncompetitive Inf −Inf NaN NA
Source: U.S. Treasury, extracted April 17, 2025

2023 Stats by Year

Auction Statistics
Key Metrics Summary for 2023 • Total Issues: 0
Metric Min Max Average Median
Total Accepted (B) InfT −InfT NaN NA
bidToCoverRatio Inf −Inf NaN NA
pricePer100 Inf −Inf NaN NA
highDiscountRate Inf −Inf NaN NA
highInvestmentRate Inf −Inf NaN NA
Primary Dealer (own house account) Inf −Inf NaN NA
Direct Bidder (own house account) Inf −Inf NaN NA
Indirect Bidder (including foreign & intl monetary authorities) Inf −Inf NaN NA
FIMA Noncompetitive (foreign & intl monetary authorities) Inf −Inf NaN NA
SOMA (managed by Federal Reserve) Inf −Inf NaN NA
Treasury Retail Noncompetitive Inf −Inf NaN NA
Other Noncompetitive Inf −Inf NaN NA
Source: U.S. Treasury, extracted April 17, 2025

2024 Stats by Year

Auction Statistics
Key Metrics Summary for 2024 • Total Issues: 0
Metric Min Max Average Median
Total Accepted (B) InfT −InfT NaN NA
bidToCoverRatio Inf −Inf NaN NA
pricePer100 Inf −Inf NaN NA
highDiscountRate Inf −Inf NaN NA
highInvestmentRate Inf −Inf NaN NA
Primary Dealer (own house account) Inf −Inf NaN NA
Direct Bidder (own house account) Inf −Inf NaN NA
Indirect Bidder (including foreign & intl monetary authorities) Inf −Inf NaN NA
FIMA Noncompetitive (foreign & intl monetary authorities) Inf −Inf NaN NA
SOMA (managed by Federal Reserve) Inf −Inf NaN NA
Treasury Retail Noncompetitive Inf −Inf NaN NA
Other Noncompetitive Inf −Inf NaN NA
Source: U.S. Treasury, extracted April 17, 2025

2025 Stats by Year

Auction Statistics
Key Metrics Summary for 2025 • Total Issues: 10
Metric Min Max Average Median
Total Accepted (B) 70B 84B 74B 73B
bidToCoverRatio 2.49 3.05 2.86 2.91
pricePer100 99.50 99.51 99.50 99.51
highDiscountRate 4.23 4.27 4.24 4.24
highInvestmentRate 4.31 4.35 4.32 4.32
Primary Dealer (own house account) 0.30 0.49 0.40 0.39
Direct Bidder (own house account) 0.03 0.07 0.04 0.04
Indirect Bidder (including foreign & intl monetary authorities) 0.43 0.60 0.52 0.51
FIMA Noncompetitive (foreign & intl monetary authorities) 0.00 0.00 0.00 0.00
SOMA (managed by Federal Reserve) 0.00 0.06 0.03 0.05
Treasury Retail Noncompetitive 0.00 0.01 0.01 0.00
Other Noncompetitive 0.00 0.01 0.01 0.01
Source: U.S. Treasury, extracted April 17, 2025

References

U.S. Department of the Treasury. (2025). Announcements, results, and press releases. TreasuryDirect. https://www.treasurydirect.gov/auctions/announcements-data-results/announcement-results-press-releases/