U.S. 3-month bills high rate 3.600%

WASHINGTON, May 18 (Reuters) - The U.S. Treasury Department said its Dutch bidding auction of 3-month bills brought these results:
3-MONTH BILLS
RATES
High 3.600%
Median 3.580%
Low 3.500%
Investment 3.684%
PRICE/ACCEPTANCES
Price 99.090000
Accepted at high 12.47%
Bid-to-cover ratio 3.17
AMOUNTS TENDERED AND ACCEPTED (dollars)
Total accepted 89,000,548,200
Total public bids tendered 282,199,760,500
Competitive bids accepted 85,255,689,400
Noncompetitive bids accepted 1,794,858,800
Fed add-ons 5,370,586,900
BILLS DETAILS
Issued date May 21, 2026
Maturity date Aug 20, 2026
CUSIP number 912797TX5
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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