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Federal regulations · Through 2026-08-25 · Newer source version available

31 CFR 356.23: How are the auction results announced?

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Where this section sits in the code
  1. Title 31—Money and Finance: Treasury
  2. Subtitle B—Regulations Relating to Money and Finance
  3. CHAPTER II—FISCAL SERVICE, DEPARTMENT OF THE TREASURY
  4. SUBCHAPTER A—BUREAU OF THE FISCAL SERVICE
  5. PART 356—SALE AND ISSUE OF MARKETABLE BOOK-ENTRY TREASURY BILLS, NOTES, AND BONDS (DEPARTMENT OF THE TREASURY CIRCULAR, FISCAL SERVICE SERIES NO. 1-93)
  6. Subpart C—Determination of Auction Awards; Settlement

(a) After the conclusion of the auction, we will make the auction results available on our website at http://www.treasurydirect.gov.

(b) The auction results will include such information as:

(1) The amounts of bids we accepted and the amount of securities we awarded;

(2) The range of accepted yields, discount rates, or discount margins.

(3) The proration percentage;

(4) The interest rate for a note or bond;

(5) A breakdown of the amounts of noncompetitive and competitive bids we accepted from, and awarded to, the public;

(6) The amounts of bids tendered and accepted from the Federal Reserve Banks for their own accounts;

(7) The bid-to-cover ratio; and

(8) Other information that we may decide to include.

Collected 2026-08-27T02:25:25Z. Source file · JSON

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