WASHINGTON, July 20 (Reuters) - The U.S. Treasury Department said its Dutch bidding auction of 3-month bills brought these results:
3-MONTH BILLS
RATES
High 3.730%
Median 3.710%
Low 3.620%
Investment 3.818%
PRICE/ACCEPTANCES
Price 99.057139
Accepted at high 73.01%
Bid-to-cover ratio 3.00
AMOUNTS TENDERED AND ACCEPTED (dollars)
Total accepted 92,001,163,700
Total public bids tendered 275,773,062,500
Competitive bids accepted 89,020,095,300
Noncompetitive bids accepted 1,981,068,400
Fed add-ons 5,601,213,000
BILLS DETAILS
Issued date July 23, 2026
Maturity date Oct 22, 2026
CUSIP number 912797UL9
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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