WASHINGTON, June 24 (Reuters) - The U.S. Treasury Department said its Dutch bidding auction of 1-year, 10-month floating rate notes brought these results:
1-YEAR, 10-MONTH FRN
MARGIN
High 0.079%
Median 0.069%
Low 0.039%
PRICE/ACCEPTANCES
Price 100.040980
Accepted at high 75.49%
Bid-to-cover ratio 2.99
AMOUNTS TENDERED AND ACCEPTED (dollars)
Total accepted 28,000,162,200
Total public bids tendered 83,614,087,200
Competitive bids accepted 27,981,075,000
Noncompetitive bids accepted 19,087,200
Fed add-ons 0
Primary Dealer Tendered 60,735,000,000
Primary Dealer Accepted 9,331,175,000
Direct Bidder Tendered 0
Direct Bidder Accepted 0
Indirect Bidder Tendered 22,860,000,000
Indirect Bidder Accepted 18,649,900,000
FLOATING RATE NOTE DETAILS
Issued date June 26, 2026
Maturity date April 30, 2028
CUSIP number 91282CQM6
Dutch auctions are also called uniform-price auctions.
Successful bidders pay only the price of the lowest accepted
bid, rather than the actual price they bid as in a
multiple-price auction.
For related historical price quotes please click on
((Washington newsroom, +1 202 898-8395, fax +1 202 898-8383, washington.economic.newsroom@reuters.com))