WASHINGTON, May 27 (Reuters) - The U.S. Treasury Department said its Dutch bidding auction of 1-year, 11-month floating rate notes brought these results:
1-YEAR, 11-MONTH FRN
MARGIN
High 0.089%
Median 0.080%
Low 0.050%
PRICE/ACCEPTANCES
Price 100.024268
Accepted at high 53.61%
Bid-to-cover ratio 3.49
AMOUNTS TENDERED AND ACCEPTED (dollars)
Total accepted 28,000,453,000
Total public bids tendered 97,784,883,700
Competitive bids accepted 27,979,569,300
Noncompetitive bids accepted 20,883,700
Fed add-ons 0
Primary Dealer Tendered 64,280,000,000
Primary Dealer Accepted 7,510,000,000
Direct Bidder Tendered 200,000,000
Direct Bidder Accepted 200,000,000
Indirect Bidder Tendered 33,284,000,000
Indirect Bidder Accepted 20,269,569,300
FLOATING RATE NOTE DETAILS
Issued date May 29, 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
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