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. 20 (Reuters) - The U.S. Treasury Department said its Dutch bidding auction of 8-week bills brought these results:
8-WEEK BILLS
RATES
High 3.655%
Median 3.640%
Low 3.540%
Investment 3.727%
PRICE/ACCEPTANCES
Price 99.431444
Accepted at high 46.16%
Bid-to-cover ratio 3.06
AMOUNTS TENDERED AND ACCEPTED (dollars)
Competitive bids accepted 96,879,681,000
Noncompetitive bids accepted 1,220,959,500
Fed add-ons 6,386,798,100
BILLS DETAILS
Issued date Aug. 25, 2026
Maturity date Oct. 20, 2026
CUSIP number 912797VM6
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>