---
title: 2-Year Treasury FRN Auction Results
description: "2-Year Treasury FRN auction, Oct 28, 2026: bid-to-cover 3.05, indirects 71.4%, directs 0.7%, dealers 28%. Verdict: IN LINE."
source: Helious
canonical: "https://helious.io/news/auc-91282CRS2-2026-10-28/2-year-frn-auction-in-line"
---

Treasury auction
              28 Oct 2026, 15:35 UTC



# 2-Year FRN auction: in line



            $30B on offer, B/C 3.05 (avg 3.19), indirect 71.4% (avg 65.6), direct 0.7% (avg 0.2), dealer 28.0% (avg 34.2). IN LINE demand, no directional read for bonds.





        [
          The 2-Year Floating Rate Note release history, the schedule and the next date →](https://helious.io/auctions/2-year-frn)



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