Tentative Auction Schedule

This information is subject to change.

Details about purchasing Bills, Notes, and TIPS are shown in the table. Minimum investment is $1,000 with multiples sold in the same increment. The maximum amount for a noncompetitive purchase is $5 million for each security type. Auction availability is subject to change. If the normal auction day is a holiday, the auction is generally held the next business day. TreasuryDirect assigns the next available date according to your purchase request. Since purchase requests may be scheduled in advance up to five years, available dates reflect the closest approximate date to auction.

Marketable Securities

Type Term Auction Frequency Issue Date How Often
Bill 4-Week Weekly (Tuesdays) Thursday Weekly, Biweekly, Monthly, Bimonthly, Quarterly, Semi-annually, Annually
Bill 13-Week Weekly (Mondays) Thursday Weekly, Biweekly, Monthly, Bimonthly, Quarterly, Semi-annually, Annually
Bill 26-Week Weekly (Mondays) Thursday Weekly, Biweekly, Monthly, Bimonthly, Quarterly, Semi-annually, Annually
Note 2-Year Monthly End of month Monthly, Bimonthly, Quarterly, Semi-annually, Annually
Note 3-Year February, May, August, and November Mid-month Quarterly, Semi-annually, Annually
Note 5-Year Monthly Mid-month Monthly, Bimonthly, Quarterly, Semi-annually, Annually
Note 10-Year February, May, August, and November Mid-month Quarterly, Semi-annually, Annually
Note 10-Year (Reopening) March, June, September, and December Mid-month Quarterly, Semi-annually, Annually
TIPS 5-Year April End of month Annually
TIPS 5-Year (Reopening) October End of month Annually
TIPS 10-Year January and July Mid-month Semi-annually, Annually
TIPS 10-Year (Reopening) April and October Mid-month Semi-annually, Annually
TIPS 20-Year January End of month Annually
TIPS 20-Year (Reopening) July End of month Annually

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