Treasury auctions · 7-year note

7-year note auctions: page 2 of 2

The last 7-year note auction, on 24 September 2026, sold at a high yield of 5.085% with a bid-to-cover of 2.42.

Older 7-year note auctions, page 2 of 2: 272 auctions with results since 6 February 1980.

The auctions on this page

What were the results of every 7-year note auction?Page 2 of 2: 72 auctions, newest first

272 7-year note auctions with results since 6 February 1980; this page holds 72 of them, newest first.

This page also lists the occasional 7-year 3-month note auctions, the nearest regular term to them.

7-year note auctions, newest first; dated links open an auction's own page
Auction	Offered as	High yield, %	Bid-to-cover	Offered, $ billion	Sold, $ billion	Indirect, %	Direct, %	Dealers, %	High − median, bp
29 Dec 2010	7-Year	2.830	2.86	29.000	30.454	64.2	4.6	31.2	4.0
24 Nov 2010	7-Year	2.253	2.63	29.000	30.143	42.2	8.5	49.3	6.7
28 Oct 2010	7-Year	1.970	3.06	29.000	29.595	50.2	5.5	44.3	3.1
29 Sep 2010	7-Year	1.890	3.04	29.000	29.914	50.2	13.4	36.4	4.0
26 Aug 2010	7-Year	1.989	2.98	29.000	29.710	56.7	8.6	34.8	3.9
29 Jul 2010	7-Year	2.394	2.78	29.000	29.952	42.3	9.0	48.8	6.4
24 Jun 2010	7-Year	2.575	3.01	30.000	30.868	51.0	9.8	39.2	4.5
27 May 2010	7-Year	2.815	2.88	31.000	31.674	51.1	11.4	37.5	6.5
29 Apr 2010	7-Year	3.210	2.82	32.000	32.683	59.5	12.2	28.3	7.0
25 Mar 2010	7-Year	3.374	2.61	32.000	33.082	41.9	8.1	50.0	8.5
25 Feb 2010	7-Year	3.078	2.98	32.000	32.786	40.3	17.2	42.4	2.8
28 Jan 2010	7-Year	3.127	2.85	32.000	32.521	51.1	11.8	37.1	3.7
30 Dec 2009	7-Year	3.345	2.72	32.000	32.948	44.7	6.6	48.7	5.5
25 Nov 2009	7-Year	2.835	2.76	32.000	32.961	62.5	9.6	27.9	8.5
29 Oct 2009	7-Year	3.141	2.65	31.000	31.764	59.3	3.6	37.1	12.1
24 Sep 2009	7-Year	3.005	2.79	29.000	29.514	61.7	6.3	32.0	6.8
27 Aug 2009	7-Year	3.092	2.74	28.000	28.843	61.2	2.1	36.7	7.8
30 Jul 2009	7-Year	3.369	2.63	28.000	28.701	62.5	1.5	36.0	8.2
25 Jun 2009	7-Year	3.329	2.82	27.000	27.784	67.2	2.2	30.6	2.9
28 May 2009	7-Year	3.300	2.26	26.000	26.896	33.0	3.5	63.5	10.0
29 Apr 2009	7-Year	2.630	2.28	26.000	26.901	33.0	3.3	63.7	8.0
26 Mar 2009	7-Year	2.384	2.52	24.000	25.138	28.0	7.6	64.3	7.2
26 Feb 2009	7-Year	2.748	2.11	22.000	23.178	38.7	3.7	57.6	7.8
13 Apr 1993	7-Year	5.580	–	9.750	10.529	–	–	–	4.0
13 Jan 1993	7-Year	6.440	–	9.750	10.090	–	–	–	3.0
7 Oct 1992	7-Year	6.050	–	9.750	10.324	–	–	–	4.0
8 Jul 1992	7-Year	6.450	–	9.750	9.983	–	–	–	1.0
8 Apr 1992	7-Year	7.140	–	9.750	10.152	–	–	–	3.0
8 Jan 1992	7-Year	6.410	–	9.500	10.546	–	–	–	1.0
9 Oct 1991	7-Year	7.200	–	9.250	10.250	–	–	–	0.0
10 Jul 1991	7-Year	8.260	–	9.000	9.655	–	–	–	0.0
10 Apr 1991	7-Year	7.940	–	8.500	8.775	–	–	–	1.0
9 Jan 1991	7-Year	7.950	–	8.500	9.106	–	–	–	0.0
10 Oct 1990	7-Year	8.790	–	8.500	8.831	–	–	–	3.0
11 Jul 1990	7-Year	8.580	–	8.000	8.371	–	–	–	1.0
11 Apr 1990	7-Year	8.630	–	7.500	7.843	–	–	–	1.0
10 Jan 1990	7-Year	8.020	–	7.500	7.844	–	–	–	0.0
11 Oct 1989	7-Year	8.080	–	7.500	7.817	–	–	–	0.0
12 Jul 1989	7-Year	7.900	–	7.250	7.725	–	–	–	1.0
12 Apr 1989	7-Year	9.400	–	7.000	7.730	–	–	–	1.0
11 Jan 1989	7-Year	9.300	–	7.000	7.383	–	–	–	0.0
12 Oct 1988	7-Year	8.750	–	6.750	7.180	–	–	–	2.0
12 Jul 1988	7-Year	8.920	–	6.500	6.792	–	–	–	1.0
12 Apr 1988	7-Year	8.450	–	6.250	7.011	–	–	–	1.0
6 Jan 1988	7-Year	8.680	–	6.500	7.318	–	–	–	1.0
7 Oct 1987	7-Year	9.540	–	6.750	7.110	–	–	–	3.0
25 Jun 1987	7-Year	8.120	–	7.000	7.209	–	–	–	2.0
26 Mar 1987	7-Year	7.040	–	7.250	7.326	–	–	–	0.0
30 Dec 1986	7-Year	7.100	–	7.250	7.288	–	–	–	1.0
25 Jun 1986	7-Year	7.360	–	6.750	6.758	–	–	–	3.0
26 Mar 1986	7-Year	7.500	–	6.500	6.505	–	–	–	2.0
7 Jan 1986	7-Year	8.870	–	6.500	6.505	–	–	–	2.0
26 Jun 1985	7-Year	10.410	–	6.000	6.290	–	–	–	1.0
27 Mar 1985	7-Year	11.850	–	5.750	5.852	–	–	–	0.0
2 Jan 1985	7-Year	11.700	–	5.750	5.752	–	–	–	3.0
16 Oct 1984	7-Year	12.350	–	5.500	5.743	–	–	–	1.0
3 Jul 1984	7-Year	13.840	–	5.500	5.512	–	–	–	1.0
28 Mar 1984	7-Year	12.420	–	5.250	5.362	–	–	–	1.0
28 Dec 1983	7-Year	11.750	–	5.250	5.508	–	–	–	0.0
21 Sep 1983	7-Year	11.640	–	5.000	5.035	–	–	–	3.0
22 Jun 1983	7-Year	10.840	–	5.000	5.006	–	–	–	4.0
23 Mar 1983	7-Year	10.590	–	4.750	5.026	–	–	–	1.0
21 Dec 1982	7-Year	10.610	–	4.500	4.832	–	–	–	3.0
22 Sep 1982	7-Year	12.000	–	4.000	4.222	–	–	–	6.0
1 Jul 1982	7-Year	14.680	–	4.000	4.710	–	–	–	6.0
31 Mar 1982	7-Year	14.450	–	3.250	3.328	–	–	–	3.0
6 Jan 1982	7-Year	14.840	–	3.250	3.500	–	–	–	10.0
7 Oct 1981	7-Year	15.440	–	3.000	3.468	–	–	–	4.0
30 Jun 1981	7-Year	14.140	–	3.000	3.451	–	–	–	7.0
31 Mar 1981	7-Year	13.390	–	2.750	2.967	–	–	–	5.0
30 Dec 1980	7-Year	12.500	–	2.500	2.702	–	–	–	1.0
6 Feb 1980	7-Year 3-Month	12.050	–	2.000	2.451	–	–	–	3.0

The table scrolls sideways; the first column stays in place.

What do the figures leave out, and how are they cited?Limits, dates and how to cite

What this number cannot tell you

Why it sold where it did. Results show what was bid and accepted, not the reasons behind any bid.
The auction tail as markets quote it. That compares the high yield with the when-issued yield just before bids closed, a market price that is not public; we show high minus median instead, a different measure.
Who the bidders are. Indirect bidders include foreign and international accounts bidding through the New York Fed and investors bidding through dealers; Treasury does not publish names.
Demand on another day. A bid-to-cover ratio counts bids at one auction against the amount offered, and the amount offered changes from auction to auction.

Observed 24 Sep 2026.

Shares of competitive bids, grades against earlier auctions and the high-minus-median spread are computed by 500metrics from Treasury's published fields.

How to cite this

U.S. Treasury, Bureau of the Fiscal Service, Fiscal Data, Treasury Securities Auctions Data, through 24 September 2026. Compiled by 500metrics, "7-year note auctions: page 2 of 2", https://500metrics.com/treasury/auctions/7-year-note/page-2.

Page updated 4 Oct 2026, 09:34 UTC

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