YieldDocketYieldDocket
Columbus, Ohio - Highsmith 25

Treasury guide

Treasury auction schedule: how often each security is auctioned

A year of auction results, counted by security, with the next announced date.

Photo: Carol M. Highsmith / Wikimedia Commons (public domain)

The Friday Docket

This week's Treasury results and national rates, free every Friday.

One short email a week. Unsubscribe anytime.

How often the U.S. Treasury auctions each bill, note, bond, TIPS and FRN, counted from every auction result from Nov 11, 2025 to Nov 10, 2026, with the next announced auction for each. For dates this week and next, see the auction calendar.

Auction schedule by security

SecurityAuctions, past 12 monthsRhythmMost recentNext announced
4-Week bill52WeeklyNov 5, 2026Nov 12, 2026
6-Week bill52WeeklyNov 9, 2026Not yet announced
8-Week bill52WeeklyNov 5, 2026Nov 12, 2026
13-Week bill52WeeklyNov 9, 2026Not yet announced
17-Week bill52WeeklyNov 4, 2026Nov 12, 2026
26-Week bill52WeeklyNov 9, 2026Not yet announced
52-Week bill13Every 4 weeksOct 27, 2026Not yet announced
2-Year note12MonthlyOct 26, 2026Not yet announced
3-Year note12MonthlyNov 9, 2026Not yet announced
5-Year note12MonthlyOct 27, 2026Not yet announced
7-Year note12MonthlyOct 29, 2026Not yet announced
10-Year note13New issue in Feb, May, Aug, Nov; reopened in the other monthsNov 10, 2026Not yet announced
20-Year bond12New issue in Feb, May, Aug, Nov; reopened in the other monthsOct 21, 2026Not yet announced
30-Year bond12New issue in Feb, May, Aug, Nov; reopened in the other monthsOct 8, 2026Nov 12, 2026
5-Year TIPS4New issue in Apr, Oct; reopened in Jun, DecOct 22, 2026Not yet announced
10-Year TIPS6New issue in Jan, Jul; reopened in Mar, May, Sep, NovSep 17, 2026Not yet announced
30-Year TIPS2New issue in Feb; reopened in AugAug 20, 2026Not yet announced
2-Year FRN12New issue in Jan, Apr, Jul, Oct; reopened in the other monthsOct 28, 2026Not yet announced

434 auctions counted from TreasuryDirect results (Fiscal Data API), Nov 11, 2025 to Nov 10, 2026. Each auction is counted under the term it was sold as; a reopening sold with a shorter remaining term (for example 9-Year 10-Month) counts with its original term. "Next announced" lists only auctions Treasury has already announced, retrieved Nov 11, 2026. Cash management bills are scheduled as needed and are left out.

From announcement to issue

Each auction has three dates: Treasury announces it, holds it, then issues the securities. Over the past 12 months the typical gaps were:

SecurityAnnouncement to auction (median)Auction to issue (median)
Bills4 days3 days
Notes, bonds, TIPS and FRNs6 days6 days

TreasuryDirect notes that the auction date and the issue date are often a few days or even a few weeks apart. The guide to auction results explains each date on a results statement.

How the schedule is set

Four times a year, usually on the first Wednesday in February, May, August and November, Treasury holds a quarterly refunding press conference and usually gives a tentative auction schedule for the next six months. Individual auctions are then confirmed in announcements a few days ahead. TreasuryDirect updates its list of upcoming auction announcements every Friday by 10:45 AM Eastern time (How auctions work).

A new issue creates a new security. A reopening adds more of one already outstanding, so a 10-year note first sold in November is reopened as a "9-year 10-month" note a month later. See what a reopening is.

Who can bid

All Treasury auctions are open to the public. A non-competitive bid accepts the rate set at auction, up to $10 million per auction, and is the only kind allowed through a TreasuryDirect account. Competitive bids name a rate, are capped at 35% of the offering, and go through a bank, broker or dealer. See TreasuryDirect vs a brokerage.

Research tools

To follow yields, funds and your own holdings in one place, Stock Rover offers research and portfolio tools.

Affiliate disclosure. The Stock Rover link below is an affiliate link. YieldDocket may earn a commission if you sign up, at no extra cost to you. It never changes the data we publish. How we get paid. Educational data, not investment advice.

Compare Stock Rover plans (affiliate link)

Frequently asked questions

How often are Treasury bills auctioned?

In the 12 months to Nov 10, 2026, the 4-, 6-, 8-, 13-, 17- and 26-week bills were each auctioned every week, and the 52-week bill every four weeks, according to TreasuryDirect auction results.

When does Treasury announce an auction?

Treasury announces each auction a few days to about a week ahead. The announcement lists the security, the offering amount, the auction, issue and maturity dates, and bid closing times. TreasuryDirect updates its list of upcoming auction announcements every Friday by 10:45 AM Eastern time.

Where does the tentative auction schedule come from?

Four times a year, usually on the first Wednesday in February, May, August and November, Treasury holds a quarterly refunding press conference and usually gives a tentative auction schedule for the next six months, per TreasuryDirect.

Can I bid in a Treasury auction myself?

All auctions are open to the public. Individuals can bid non-competitively through a TreasuryDirect account, or through a bank, broker or dealer, up to $10 million per auction. Cash management bills are the exception: bids must go through a bank, broker or dealer.

Updated · Source: TreasuryDirect · Educational, not investment advice.