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.
6-month bill auction results
WASHINGTON, Aug. 10 (Reuters) - The U.S. Treasury Department said its Dutch bidding auction of 6-month bills brought these results:
6-month bills
Rates
High 3.830%
Median 3.805%
Low 3.750%
Investment 3.960%
Price/acceptances
Price 98.063722
Accepted at high 96.11%
Bid-to-cover ratio 2.85
Amounts tendered and accepted (dollars)
Competitive bids accepted 77,207,406,300
Noncompetitive bids accepted 1,792,747,600
Fed add-ons 4,785,769,400
Bills details
Issued date Aug. 13, 2026
Maturity date Feb. 11, 2027
CUSIP number 912797WB9
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.
TLT•
