Treasury 20-Year Bond Auction Dates and Results
From the US Treasury. Auction dates are calendar dates; rates are in percent.
Next auction
No next auction is announced yet.
The latest 20-Year Bond auction, held on October 21, 2026, had a high yield of 5.469% and a bid-to-cover ratio of 2.73x. The high yield was up 0.049 percentage points from 5.420% at the September 15, 2026 auction, and bid-to-cover was up 0.16x from 2.57x. Reopenings of the same security are included under the 20-Year Bond.
Source: US Treasury (TreasuryDirect)
Updated
May 20, 2020October 21, 2026
High yield, percent
Past auctions
| Auction date | Issue date | Maturity | Issue | High yield (%) | Coupon (%) | Bid-to-cover | Offered |
|---|---|---|---|---|---|---|---|
| Reopening | 5.469 | 5.125 | 2.73x | $13 billion | |||
| Reopening | 5.420 | 5.125 | 2.57x | $13 billion | |||
| New issue | 5.204 | 5.125 | 2.53x | $16 billion | |||
| Reopening | 5.163 | 5.000 | 2.64x | $13 billion | |||
| Reopening | 4.927 | 5.000 | 2.75x | $13 billion | |||
| New issue | 5.122 | 5.000 | 2.55x | $16 billion | |||
| Reopening | 4.883 | 4.625 | 2.68x | $13 billion | |||
| Reopening | 4.817 | 4.625 | 2.76x | $13 billion | |||
| New issue | 4.664 | 4.625 | 2.36x | $16 billion | |||
| Reopening | 4.846 | 4.625 | 2.86x | $13 billion | |||
| Reopening | 4.798 | 4.625 | 2.67x | $13 billion | |||
| New issue | 4.706 | 4.625 | 2.41x | $16 billion | |||
| Reopening | 4.506 | 4.875 | 2.73x | $13 billion | |||
| Reopening | 4.613 | 4.875 | 2.74x | $13 billion | |||
| New issue | 4.876 | 4.875 | 2.54x | $16 billion | |||
| Reopening | 4.935 | 5.000 | 2.79x | $13 billion | |||
| Reopening | 4.942 | 5.000 | 2.68x | $13 billion | |||
| New issue | 5.047 | 5.000 | 2.46x | $16 billion | |||
| Reopening | 4.810 | 4.750 | 2.63x | $13 billion | |||
| Reopening | 4.632 | 4.750 | 2.78x | $13 billion | |||
| New issue | 4.830 | 4.750 | 2.43x | $16 billion | |||
| Reopening | 4.900 | 4.625 | 2.75x | $13 billion | |||
| Reopening | 4.686 | 4.625 | 2.50x | $13 billion | |||
| New issue | 4.680 | 4.625 | 2.34x | $16 billion | |||
| Reopening | 4.590 | 4.125 | 2.59x | $13 billion | |||
| Reopening | 4.039 | 4.125 | 2.51x | $13 billion | |||
| New issue | 4.160 | 4.125 | 2.54x | $16 billion | |||
| Reopening | 4.466 | 4.625 | 2.68x | $13 billion | |||
| Reopening | 4.452 | 4.625 | 2.74x | $13 billion | |||
| New issue | 4.635 | 4.625 | 2.51x | $16 billion | |||
| Reopening | 4.818 | 4.500 | 2.82x | $13 billion | |||
| Reopening | 4.542 | 4.500 | 2.79x | $13 billion | |||
| New issue | 4.595 | 4.500 | 2.39x | $16 billion | |||
| Reopening | 4.423 | 4.750 | 2.53x | $13 billion | |||
| Reopening | 4.213 | 4.750 | 2.55x | $13 billion | |||
| New issue | 4.780 | 4.750 | 2.58x | $16 billion | |||
| Reopening | 5.245 | 4.375 | 2.59x | $13 billion | |||
| Reopening | 4.592 | 4.375 | 2.74x | $13 billion | |||
| New issue | 4.499 | 4.375 | 2.56x | $16 billion | |||
| Reopening | 4.036 | 3.875 | 2.68x | $12 billion | |||
| Reopening | 4.010 | 3.875 | 2.87x | $12 billion | |||
| New issue | 3.954 | 3.875 | 2.56x | $15 billion | |||
| Reopening | 3.920 | 3.875 | 2.66x | $12 billion | |||
| Reopening | 3.909 | 3.875 | 2.53x | $12 billion | |||
| New issue | 3.977 | 3.875 | 2.54x | $15 billion | |||
| Reopening | 3.678 | 4.000 | 2.83x | $12 billion | |||
| Reopening | 3.935 | 4.000 | 2.68x | $12 billion | |||
| New issue | 4.072 | 4.000 | 2.64x | $15 billion | |||
| Reopening | 4.395 | 3.375 | 2.50x | $12 billion | |||
| Reopening | 3.820 | 3.375 | 2.65x | $12 billion | |||
| New issue | 3.380 | 3.375 | 2.30x | $15 billion | |||
| Reopening | 3.420 | 3.250 | 2.65x | $14 billion | |||
| Reopening | 3.488 | 3.250 | 2.60x | $14 billion | |||
| New issue | 3.290 | 3.250 | 2.50x | $17 billion | |||
| Reopening | 3.095 | 2.375 | 2.80x | $16 billion | |||
| Reopening | 2.651 | 2.375 | 2.72x | $16 billion | |||
| New issue | 2.396 | 2.375 | 2.44x | $19 billion | |||
| Reopening | 2.210 | 2.000 | 2.48x | $20 billion | |||
| Reopening | 1.942 | 2.000 | 2.59x | $20 billion | |||
| Reopening | 1.872 | 2.000 | 2.92x | $0 billion | |||
| New issue | 2.065 | 2.000 | 2.34x | $23 billion | |||
| Reopening | 2.100 | 1.750 | 2.25x | $24 billion | |||
| Reopening | 1.795 | 1.750 | 2.36x | $24 billion | |||
| New issue | 1.850 | 1.750 | 2.44x | $27 billion | |||
| Reopening | 1.890 | 2.250 | 2.33x | $24 billion | |||
| Reopening | 2.120 | 2.250 | 2.40x | $24 billion | |||
| New issue | 2.286 | 2.250 | 2.24x | $27 billion | |||
| Reopening | 2.144 | 1.875 | 2.42x | $24 billion | |||
| Reopening | 2.290 | 1.875 | 2.51x | $24 billion | |||
| New issue | 1.920 | 1.875 | 2.15x | $27 billion | |||
| Reopening | 1.657 | 1.375 | 2.28x | $24 billion | |||
| Reopening | 1.470 | 1.375 | 2.39x | $24 billion | |||
| New issue | 1.422 | 1.375 | 2.27x | $27 billion | |||
| Reopening | 1.370 | 1.125 | 2.43x | $22 billion | |||
| Reopening | 1.213 | 1.125 | 2.39x | $22 billion | |||
| New issue | 1.185 | 1.125 | 2.26x | $25 billion | |||
| Reopening | 1.059 | 1.125 | 2.43x | $17 billion | |||
| Reopening | 1.314 | 1.125 | 2.63x | $17 billion | |||
| New issue | 1.220 | 1.125 | 2.53x | $20 billion |
79 auction results since May 20, 2020.
Frequently Asked Questions
When is the next Treasury 20-Year Bond auction?
No next 20-Year Bond auction is announced yet.
What was the latest Treasury 20-Year Bond auction result?
The latest 20-Year Bond auction, held on October 21, 2026, had a high yield of 5.469% and a bid-to-cover ratio of 2.73x. The high yield was up 0.049 percentage points from 5.420% at the September 15, 2026 auction, and bid-to-cover was up 0.16x from 2.57x. Reopenings of the same security are included under the 20-Year Bond.
Data on this page is provided for informational purposes only and is not financial advice. See our editorial policy.