20-Year Treasury Bond Auction Results
Results of every 20-year Treasury bond auction from Oct 22, 2025 to Sep 15, 2026 (12 auctions), from the U.S. Treasury Fiscal Data API. The latest 20-year Treasury bond auction, on Sep 15, 2026, produced a high yield of 5.420% (+21.6 bp vs the prior auction on Aug 19, 2026), with a bid-to-cover ratio of 2.57.
U.S. Treasury securities: not FDIC-insured · not bank deposits · market value can change before maturity
- Latest high yield5.420%
- Low in this period4.506%
- High in this period5.420%
- Auctions on file12 since
Upcoming 20-year Treasury bond auctions
| Auction date | Security | Term | CUSIP | Offering amount | Issue date | Status | Source |
|---|---|---|---|---|---|---|---|
| Bond (reopening) | 19-Year 10-Month | 912810UX4 | $13 billion | Announced | announcement PDF |
Source: U.S. Treasury, Bureau of the Fiscal Service — Upcoming Auctions and Treasury Securities Auctions Data (Fiscal Data API), retrieved 2026-10-16 22:52 CDT. “Tentative” = on the Treasury schedule, offering announcement pending, so no amount yet; dates and amounts are set by Treasury and can change.
20-Year Treasury Bond auction history
| Auction date | Security | Term | CUSIP | Headline rate | Bid-to-cover | Change vs prior same-term | Source |
|---|---|---|---|---|---|---|---|
| Bond (reopening) | 19-Year 11-Month | 912810UX4 | 5.420% yield | 2.57 | +21.6 bp vs Aug 19 | results PDF | |
| Bond | 20-Year | 912810UX4 | 5.204% yield | 2.53 | +4.1 bp vs Jul 22 | results PDF | |
| Bond (reopening) | 19-Year 10-Month | 912810UV8 | 5.163% yield | 2.64 | +23.6 bp vs Jun 16 | results PDF | |
| Bond (reopening) | 19-Year 11-Month | 912810UV8 | 4.927% yield | 2.75 | −19.5 bp vs May 20 | results PDF | |
| Bond | 20-Year | 912810UV8 | 5.122% yield | 2.55 | +23.9 bp vs Apr 22 | results PDF | |
| Bond (reopening) | 19-Year 10-Month | 912810UT3 | 4.883% yield | 2.68 | +6.6 bp vs Mar 17 | results PDF | |
| Bond (reopening) | 19-Year 11-Month | 912810UT3 | 4.817% yield | 2.76 | +15.3 bp vs Feb 18 | results PDF | |
| Bond | 20-Year | 912810UT3 | 4.664% yield | 2.36 | −18.2 bp vs Jan 21 | results PDF | |
| Bond (reopening) | 19-Year 10-Month | 912810UQ9 | 4.846% yield | 2.86 | +4.8 bp vs Dec 17 | results PDF | |
| Bond (reopening) | 19-Year 11-Month | 912810UQ9 | 4.798% yield | 2.67 | +9.2 bp vs Nov 19 | results PDF | |
| Bond | 20-Year | 912810UQ9 | 4.706% yield | 2.41 | +20.0 bp vs Oct 22 | results PDF | |
| Bond (reopening) | 19-Year 10-Month | 912810UN6 | 4.506% yield | 2.73 | — | results PDF |
Source: U.S. Treasury Fiscal Data API, Treasury Securities Auctions Data, retrieved 2026-10-16 22:52 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.
Download: 20-year-bond.csv