Treasury Auctionsmonthly
5-Year Note Primary Dealer Share
Primary dealer share at the latest 5-Year Note auction; dealers backstop the issue, so a rising PD share typically signals weaker indirect/direct appetite.
The 5-Year Note Primary Dealer Share is currently 11.25%, last updated .
11.25%
1W -20.36%1M -20.36%3M -1.54%
Updated 43m agoStatistical forecast 2026
Model-based central estimate, 68% and 95% confidence bands for 5-Year Note Primary Dealer Share, blended across current macro regimes.
Start here
Updated just now
Recent Data
Download CSV| Date | Value | Change |
|---|---|---|
| Apr 27, 2026 | 11.25% | -20.36% |
| Mar 25, 2026 | 14.12% | +23.62% |
| Feb 25, 2026 | 11.42% | +12.97% |
| Jan 27, 2026 | 10.11% | +26.84% |
| Dec 23, 2025 | 7.97% | -19.29% |
| Nov 25, 2025 | 9.88% | +12.81% |
| Oct 27, 2025 | 8.76% | -22.53% |
| Sep 24, 2025 | 11.30% | +44.42% |
| Aug 27, 2025 | 7.83% | -31.52% |
| Jul 28, 2025 | 11.43% | +15.60% |
| Jun 25, 2025 | 9.89% | +21.90% |
| May 28, 2025 | 8.11% | -21.92% |
| Apr 23, 2025 | 10.39% | -18.68% |
| Mar 26, 2025 | 12.77% | +33.17% |
| Feb 25, 2025 | 9.59% | -8.43% |
| Jan 27, 2025 | 10.47% | -14.86% |
| Dec 24, 2024 | 12.30% | +16.62% |
| Nov 26, 2024 | 10.55% | -24.15% |
| Oct 28, 2024 | 13.91% | +24.23% |
| Sep 25, 2024 | 11.19% | -7.90% |
| Aug 28, 2024 | 12.15% | -7.93% |
| Jul 24, 2024 | 13.20% | +2.46% |
| Jun 26, 2024 | 12.88% | -29.90% |
| May 28, 2024 | 18.38% | — |
Related in Treasury Auctions
2-Year Note Auction Bid-to-Cover
Bid-to-cover ratio at the latest 2-Year Note auction (total tendered / total accepted); readings above 2.5 signal robust demand, sub-2.2 signals softness.
2-Year Note Indirect Bidder Share
Indirect bidder share of accepted 2-Year Note auction bids; indirects include foreign central banks and large real-money investors routed through primary dealers.
2-Year Note Direct Bidder Share
Direct bidder share at the latest 2-Year Note auction; directs are domestic non-primary-dealer investors bidding for their own account.
2-Year Note Primary Dealer Share
Primary dealer share at the latest 2-Year Note auction; dealers backstop the issue, so a rising PD share typically signals weaker indirect/direct appetite.
Explore Further
Frequently Asked Questions
▶What is 5-Year Note Primary Dealer Share?
Primary dealer share at the latest 5-Year Note auction; dealers backstop the issue, so a rising PD share typically signals weaker indirect/direct appetite.
▶How often is 5-Year Note Primary Dealer Share updated?
5-Year Note Primary Dealer Share is updated once per month when the releasing agency publishes new data. Each metric page on Convex shows the exact time of the last data update and provides historical data going back up to five years.
▶Where does Convex source 5-Year Note Primary Dealer Share data?
Convex sources 5-Year Note Primary Dealer Share data from official government and market data providers. Data is fetched automatically and displayed alongside interactive charts, AI analysis, and historical context.
▶What can I do on the 5-Year Note Primary Dealer Share chart page?
The 5-Year Note Primary Dealer Share page includes an interactive chart with selectable time ranges (1 month to 5 years), percentage changes over multiple timeframes, a table of recent readings, AI-generated analysis, and links to related metrics and comparisons.
Get daily macro analysis covering 5-Year Note Primary Dealer Share and related indicators delivered to your inbox.
Data sourced from FRED, CoinGecko, CBOE, CFTC, and EIA. Updated monthly. This page is for informational purposes only and does not constitute financial advice.