Treasury Auction Results: Week of Oct 27, 2025
Treasury held 11 auctions in the week of Oct 27, 2025 (Oct 27 – Nov 2, 2025): 7 Treasury bills, 3 Treasury notes, 1 Treasury FRN, with total offering amounts of $795 billion.
U.S. Treasury securities: not FDIC-insured · not bank deposits · market value can change before maturity
Treasury bill rates this week
- 4-Week bill: 3.976% investment rate on Oct 30 (−3.6 bp vs prior)
- 6-Week bill: 3.952% investment rate on Oct 28 (−6.1 bp vs prior)
- 8-Week bill: 3.968% investment rate on Oct 30 (−1.0 bp vs prior)
- 13-Week bill: 3.818% investment rate on Oct 27 (−8.2 bp vs prior)
- 17-Week bill: 3.803% investment rate on Oct 29 (−3.1 bp vs prior)
- 26-Week bill: 3.760% investment rate on Oct 27 (−2.1 bp vs prior)
- 52-Week bill: 3.587% investment rate on Oct 28
Notes, bonds, TIPS and FRNs this week
- 2-Year Treasury FRN: 0.190% high discount margin on Oct 29
- 7-Year Treasury note: 3.790% high yield on Oct 28
- 5-Year Treasury note: 3.625% high yield on Oct 27
- 2-Year Treasury note: 3.504% high yield on Oct 27
All auction results, Oct 27 – Nov 2, 2025
| Auction date | Security | Term | CUSIP | Headline rate | Bid-to-cover | Change vs prior same-term | Source |
|---|---|---|---|---|---|---|---|
| Bill (reopening) | 8-Week | 912797RZ2 | 3.968% inv. rate | 2.88 | −1.0 bp vs Oct 23 | results PDF | |
| Bill (reopening) | 4-Week | 912797RR0 | 3.976% inv. rate | 2.64 | −3.6 bp vs Oct 23 | results PDF | |
| FRN | 2-Year | 91282CPG0 | 0.190% margin | 3.63 | — | results PDF | |
| Bill | 17-Week | 912797ST5 | 3.803% inv. rate | 2.94 | −3.1 bp vs Oct 22 | results PDF | |
| Note | 7-Year | 91282CPF2 | 3.790% yield | 2.46 | — | results PDF | |
| Bill (reopening) | 6-Week | 912797QY6 | 3.952% inv. rate | 2.87 | −6.1 bp vs Oct 21 | results PDF | |
| Bill | 52-Week | 912797SK4 | 3.587% inv. rate | 3.21 | — | results PDF | |
| Note | 5-Year | 91282CPD7 | 3.625% yield | 2.38 | — | results PDF | |
| Bill | 26-Week | 912797SN8 | 3.760% inv. rate | 3.06 | −2.1 bp vs Oct 20 | results PDF | |
| Note | 2-Year | 91282CPE5 | 3.504% yield | 2.59 | — | results PDF | |
| Bill (reopening) | 13-Week | 912797RK5 | 3.818% inv. rate | 3.07 | −8.2 bp vs Oct 20 | results PDF |
Source: U.S. Treasury Fiscal Data API, Treasury Securities Auctions Data, retrieved 2026-10-16 23:44 CDT; each row links to the official TreasuryDirect results PDF. Bills: investment rate (bond-equivalent) and discount rate. Notes/bonds: high yield and coupon. TIPS: high real yield (before inflation adjustment). FRNs: high discount margin. bp = basis points (0.01 percentage point). Change compares the headline rate with the prior auction of the same security type and term.
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