JohnEyles said:I believe new 10- and 20-year TIPS get auctioned in January.
Does anyone know how/when the coupon rates are determined ?
FIRE'd@51 said:To get an indication of where the coupon will be set, you can look at the YTM for currently traded TIPS on Bloomberg. If the auction were held tomorrow the coupon for 10-year or 20-year TIPS would be 2.375%.
JohnEyles said:Because it's rounded to the nearest 1/8'th percent, and the 5-year one with 2.375%
coupon is the one trading closest to par ?