U.S. 8-week bills high rate 3.595%
WASHINGTON, May 7 (Reuters) - The U.S. Treasury Department said its Dutch bidding auction of 8-week bills brought these results:
8-WEEK BILLS
RATES
High 3.595%
Median 3.570%
Low 3.500%
Investment 3.665%
PRICE/ACCEPTANCES
Price 99.440778
Accepted at high 90.77%
Bid-to-cover ratio 2.91
AMOUNTS TENDERED AND ACCEPTED (dollars)
Total accepted 85,000,085,100
Total public bids tendered 247,046,279,100
Competitive bids accepted 83,636,880,000
Noncompetitive bids accepted 1,263,205,100
Fed add-ons 793,523,600
BILLS DETAILS
Issued date May 12, 2026
Maturity date July 07, 2026
CUSIP number 912797UN5
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
((Washington newsroom, +1 202 898-8395, fax +1 202 898-8383, washington.economic.newsroom@reuters.com))
8-WEEK BILLS
RATES
High 3.595%
Median 3.570%
Low 3.500%
Investment 3.665%
PRICE/ACCEPTANCES
Price 99.440778
Accepted at high 90.77%
Bid-to-cover ratio 2.91
AMOUNTS TENDERED AND ACCEPTED (dollars)
Total accepted 85,000,085,100
Total public bids tendered 247,046,279,100
Competitive bids accepted 83,636,880,000
Noncompetitive bids accepted 1,263,205,100
Fed add-ons 793,523,600
BILLS DETAILS
Issued date May 12, 2026
Maturity date July 07, 2026
CUSIP number 912797UN5
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
((Washington newsroom, +1 202 898-8395, fax +1 202 898-8383, washington.economic.newsroom@reuters.com))