U.S. 1-year bills high rate 3.650%

WASHINGTON, May 12 (Reuters) - The U.S. Treasury Department said its Dutch bidding auction of 1-year bills brought these results:
1-YEAR BILLS
RATES
High 3.650%
Median 3.620%
Low 3.300%
Investment 3.806%
PRICE/ACCEPTANCES
Price 96.309444
Accepted at high 4.56%
Bid-to-cover ratio 3.41
AMOUNTS TENDERED AND ACCEPTED (dollars)
Total accepted 50,000,170,000
Total public bids tendered 170,370,838,000
Competitive bids accepted 48,699,890,300
Noncompetitive bids accepted 1,100,279,700
Fed add-ons 3,137,435,600
BILLS DETAILS
Issued date May 14, 2026
Maturity date May 13, 2027
CUSIP number 912797UX3
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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