U.S. 6-month bills high rate 3.835%

WASHINGTON, July 20 (Reuters) - The U.S. Treasury Department said its Dutch bidding auction of 6-month bills brought these results:
6-MONTH BILLS
RATES
High 3.835%
Median 3.810%
Low 3.750%
Investment 3.965%
PRICE/ACCEPTANCES
Price 98.061194
Accepted at high 51.45%
Bid-to-cover ratio 2.94
AMOUNTS TENDERED AND ACCEPTED (dollars)
Total accepted 79,000,025,700
Total public bids tendered 232,259,090,700
Competitive bids accepted 76,667,409,000
Noncompetitive bids accepted 2,032,616,700
Fed add-ons 4,809,737,200
BILLS DETAILS
Issued date July 23, 2026
Maturity date Jan 21, 2027
CUSIP number 912797TM9
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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