U.S. 17-week bills high rate 3.750%
TLT•Treasury’s 17-week bill auction results
WASHINGTON, Aug 19 (Reuters) - The U.S. Treasury Department said its Dutch bidding auction of 17-week bills brought these results:
17-WEEK BILLS
Rates
- High 3.750%
- Median 3.730%
- Low 3.400%
- Investment 3.850%
Price/acceptances
- Price 98.760417
- Accepted at high 25.88%
- Bid-to-cover ratio 3.35
Amounts tendered and accepted (dollars)
- Competitive bids accepted 71,122,721,400
- Noncompetitive bids accepted 578,493,600
- Fed add-ons 4,598,494,600
Bills details
- Issued date Aug 25, 2026
- Maturity date Dec 22, 2026
- CUSIP number 912797WG8
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.
