WASHINGTON, Feb 23 (Reuters) - The U.S. Treasury Department said its Dutch bidding auction of 3-month bills brought these results:
3-MONTH BILLS
RATES
High 3.590%
Median 3.555%
Low 3.500%
Investment 3.673%
PRICE/ACCEPTANCES
Price 99.092528
Accepted at high 60.91%
Bid-to-cover ratio 3.30
AMOUNTS TENDERED AND ACCEPTED (dollars)
Total accepted 89,000,405,400
Total public bids tendered 293,928,874,800
Competitive bids accepted 85,308,254,300
Noncompetitive bids accepted 1,692,151,100
Fed add-ons 3,336,268,000
BILLS DETAILS
Issued date Feb 26, 2026
Maturity date May 28, 2026
CUSIP number 912797SW8
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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