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 <US/AUCTION>
WASHINGTON, Aug 24 (Reuters) - The U.S. Treasury Department said its Dutch bidding auction of 6-month bills brought these results:
6-MONTH BILLS
RATES
High 3.790%
Median 3.770%
Low 3.500%
Investment 3.918%
PRICE/ACCEPTANCES
Price 98.083944
Accepted at high 59.64%
Bid-to-cover ratio 3.05
AMOUNTS TENDERED AND ACCEPTED (dollars)
Competitive bids accepted 76,888,419,100
Noncompetitive bids accepted 1,845,020,700
Fed add-ons 3,558,214,700
BILLS DETAILS
Issued date Aug 27, 2026
Maturity date Feb 25, 2027
CUSIP number 912797WC7
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 <US/AUCTION>