Government bond auction · United States
United States 2-Year FRN Auction
The United States 2-Year FRN Auction is a sale of new government debt by the United States's treasury or debt agency to investors.
- Importance
- Low
- Publié
- Monthly
- Prochaine publication
- Devise
- USD · US dollar
- Banque centrale
- The Federal Reserve
Derniers chiffres
La dernière publication est parue le 2026-10-28 et s’est établie à 0.038%. C’est moins que 0.040% la fois précédente.
Sur les 12 dernières publications, la valeur est allée de 0.038% à 0.168%, avec une moyenne de 0.090%. Elle a baissé trois publications d’affilée.
| Publié | Pour | Réel | Consensus | Précédent |
|---|---|---|---|---|
| 28 Oct 2026 | – | 0.038% | – | 0.040% |
| 23 Sep 2026 | – | 0.040% | – | 0.055% |
| 26 Aug 2026 | – | 0.055% | – | 0.050% |
| 29 Jul 2026 | – | 0.050% | – | 0.079% |
| 24 Jun 2026 | – | 0.079% | – | 0.089% |
| 27 May 2026 | – | 0.089% | – | 0.103% |
| 28 Apr 2026 | – | 0.103% | – | 0.115% |
| 25 Mar 2026 | – | 0.115% | – | 0.099% |
| 25 Feb 2026 | – | 0.099% | – | 0.099% |
| 28 Jan 2026 | – | 0.099% | – | 0.139% |
| 23 Dec 2025 | – | 0.139% | – | 0.168% |
| 25 Nov 2025 | – | 0.168% | – | 0.190% |
Pourquoi c’est important
Auctions show the demand for a country's debt. A weak auction (low cover ratio, a yield above where the bond traded before the sale, the "tail") can push yields up across the market; a strong one calms them. In times of fiscal stress auctions get close attention.
Mode de calcul
Bidders submit the yield (or price) at which they will buy; the debt office allocates from the lowest yield up until the amount is sold. The release reports the average or highest yield and the bid-to-cover ratio.
Bid-to-cover = amount bid ÷ amount soldCe que signifient les variations
- Bid-to-cover above its recent average and no tail: solid demand.
- Index-linked and green bonds are smaller auctions with their own investor base.
Un bref historique
Most governments moved from fixed-price syndicates to regular auctions in the 1970s–1990s; the US Treasury has auctioned bills since 1929.
Questions
What is the United States 2-Year FRN Auction?
The United States 2-Year FRN Auction is a sale of new government debt by the United States's treasury or debt agency to investors.
What was the latest United States 2-Year FRN Auction?
0.038%, published on 28 October 2026.
When is the next United States 2-Year FRN Auction?
On Tuesday 24 November 2026 at 18:00 UTC.
Contenu éducatif uniquement, pas un conseil en investissement. Les chiffres sont les résultats publiés tels qu’enregistrés par notre calendrier ; les réactions de marché décrites sont typiques, non garanties.