U.S. 17-week bills high rate 3.605%

WASHINGTON, May 6 (Reuters) - The U.S. Treasury Department said its Dutch bidding auction of 17-week bills brought these results:
17-WEEK BILLS
RATES
High 3.605%
Median 3.585%
Low 3.400%
Investment 3.699%
PRICE/ACCEPTANCES
Price 98.808347
Accepted at high 70.08%
Bid-to-cover ratio 3.13
AMOUNTS TENDERED AND ACCEPTED (dollars)
Total accepted 69,001,405,600
Total public bids tendered 216,260,205,600
Competitive bids accepted 68,453,912,000
Noncompetitive bids accepted 547,493,600
Fed add-ons 644,154,500
BILLS DETAILS
Issued date May 12, 2026
Maturity date Sept 08, 2026
CUSIP number 912797VB0
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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