U.S. 17-week bills high rate 3.590%

WASHINGTON, May 20 (Reuters) - The U.S. Treasury Department said its Dutch bidding auction of 17-week bills brought these results:
17-WEEK BILLS
RATES
High 3.590%
Median 3.570%
Low 3.400%
Investment 3.684%
PRICE/ACCEPTANCES
Price 98.813306
Accepted at high 99.60%
Bid-to-cover ratio 3.34
AMOUNTS TENDERED AND ACCEPTED (dollars)
Total accepted 69,000,842,000
Total public bids tendered 230,251,534,000
Competitive bids accepted 68,500,778,000
Noncompetitive bids accepted 500,064,000
Fed add-ons 2,691,251,600
BILLS DETAILS
Issued date May 26, 2026
Maturity date Sept 22, 2026
CUSIP number 912797VD6
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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