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
The U.S. Treasury Department said its Dutch bidding auction of 6-month bills brought these results:
6-MONTH BILLS
Rates
High 3.855%
Median 3.820%
Low 3.750%
Investment 3.986%
Price/acceptances
Price 98.051083
Accepted at high 65.40%
Bid-to-cover ratio 2.98
Amounts tendered and accepted (dollars)
Competitive bids accepted 76,737,778,000
Noncompetitive bids accepted 2,032,327,200
Fed add-ons 6,263,080,800
Bills details
Issued date Aug. 6, 2026
Maturity date Feb. 4, 2027
CUSIP number 912797VV6
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.