U.S. 8-week bills high rate 3.620%

WASHINGTON, April 2 (Reuters) - The U.S. Treasury Department said its Dutch bidding auction of 8-week bills brought these results:
8-WEEK BILLS
RATES
High 3.620%
Median 3.590%
Low 3.500%
Investment 3.691%
PRICE/ACCEPTANCES
Price 99.436889
Accepted at high 73.27%
Bid-to-cover ratio 3.26
AMOUNTS TENDERED AND ACCEPTED (dollars)
Total accepted 75,000,117,300
Total public bids tendered 244,855,704,300
Competitive bids accepted 71,660,908,000
Noncompetitive bids accepted 1,339,209,300
Fed add-ons 398,882,500
BILLS DETAILS
Issued date April 07, 2026
Maturity date June 02, 2026
CUSIP number 912797TU1
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))