26-week bill auctions: page 3 of 13

The 26-week bill auctioned on 5 October 2026 sold at a discount rate of 4.165% (investment rate 4.314%), bid-to-cover 2.79.

Every 26-week bill auction, page 3 of 13

Auctions with results since 28 December 1979: 2,441.

26-week bill auctions, newest first
Auction	Offered as	Discount rate, %	Investment rate, %	Bid-to-cover	Offered, $ billion	Sold, $ billion	Indirect, %	Direct, %	Dealers, %
4 Feb 2019	26-Week	2.440	2.505	2.66	39.000	39.000	30.5	3.5	66.0
28 Jan 2019	26-Week	2.450	2.515	3.09	39.000	39.000	44.4	11.0	44.5
22 Jan 2019	26-Week	2.450	2.515	3.10	39.000	39.001	48.9	4.4	46.7
14 Jan 2019	26-Week, reopening	2.460	2.526	3.22	36.000	36.000	45.3	4.1	50.5
7 Jan 2019	26-Week	2.470	2.536	2.98	36.000	36.000	36.3	4.8	58.9
31 Dec 2018	26-Week	2.505	2.573	2.92	36.000	36.000	50.4	2.8	46.8
24 Dec 2018	26-Week	2.480	2.546	3.04	36.000	36.000	66.7	1.2	32.1
17 Dec 2018	26-Week, reopening	2.485	2.552	3.13	36.000	36.000	53.7	3.7	42.7
10 Dec 2018	26-Week	2.480	2.546	3.07	36.000	36.000	52.9	3.9	43.2
3 Dec 2018	26-Week	2.495	2.562	3.05	36.000	36.000	38.6	2.8	58.6
26 Nov 2018	26-Week	2.475	2.541	3.61	36.000	36.001	58.8	5.2	36.1
19 Nov 2018	26-Week, reopening	2.455	2.520	3.16	36.000	36.000	41.5	3.8	54.7
13 Nov 2018	26-Week	2.465	2.531	3.26	39.000	39.000	44.3	3.8	52.0
5 Nov 2018	26-Week	2.450	2.515	3.11	39.000	39.000	44.7	3.6	51.7
29 Oct 2018	26-Week	2.430	2.494	3.01	39.000	39.001	48.5	5.0	46.5
22 Oct 2018	26-Week, reopening	2.425	2.489	3.13	39.000	39.000	50.8	2.6	46.6
15 Oct 2018	26-Week	2.415	2.479	2.87	39.000	39.000	37.9	3.0	59.1
9 Oct 2018	26-Week	2.380	2.442	2.79	42.000	42.000	38.4	3.8	57.8
1 Oct 2018	26-Week	2.335	2.396	2.89	42.000	42.000	38.3	4.1	57.6
24 Sep 2018	26-Week, reopening	2.320	2.380	3.28	42.000	42.000	56.2	6.0	37.8
17 Sep 2018	26-Week	2.290	2.349	3.09	42.000	42.000	45.1	3.0	51.9
10 Sep 2018	26-Week	2.265	2.323	3.14	42.000	42.000	49.7	4.0	46.3
4 Sep 2018	26-Week	2.240	2.297	3.03	42.000	42.000	48.9	3.2	47.9
27 Aug 2018	26-Week, reopening	2.210	2.266	3.06	45.000	45.000	46.8	3.8	49.4
20 Aug 2018	26-Week	2.185	2.240	3.11	45.000	45.000	51.5	3.3	45.1
13 Aug 2018	26-Week	2.180	2.235	3.25	45.000	45.000	64.1	3.7	32.3
6 Aug 2018	26-Week	2.180	2.235	2.66	45.000	45.000	53.4	4.4	42.2
30 Jul 2018	26-Week, reopening	2.160	2.214	3.14	45.000	45.000	49.4	4.8	45.8
23 Jul 2018	26-Week	2.140	2.193	2.90	45.000	45.000	41.4	12.0	46.6
16 Jul 2018	26-Week	2.140	2.193	2.98	45.000	45.000	52.2	3.2	44.7
9 Jul 2018	26-Week	2.100	2.152	2.78	42.000	42.000	42.6	4.1	53.3
2 Jul 2018	26-Week, reopening	2.085	2.136	2.83	42.000	42.000	48.5	3.9	47.6
25 Jun 2018	26-Week	2.085	2.136	3.00	42.000	42.000	47.1	4.8	48.1
18 Jun 2018	26-Week	2.075	2.126	2.78	42.000	42.000	34.6	2.1	63.3
11 Jun 2018	26-Week	2.075	2.126	3.59	42.000	42.000	69.4	2.3	28.3
4 Jun 2018	26-Week, reopening	2.070	2.121	3.27	42.000	42.000	54.9	3.9	41.3
29 May 2018	26-Week	2.030	2.080	3.10	42.000	42.000	43.0	4.8	52.1
21 May 2018	26-Week	2.080	2.131	3.16	42.000	42.000	49.8	4.2	46.0
14 May 2018	26-Week	2.035	2.085	2.98	42.000	42.000	47.9	5.5	46.6
7 May 2018	26-Week, reopening	2.000	2.048	3.12	42.000	42.001	42.0	6.1	52.0
30 Apr 2018	26-Week	1.990	2.038	3.17	42.000	42.000	53.4	4.6	41.9
23 Apr 2018	26-Week	1.985	2.033	3.27	42.000	42.000	58.7	3.2	38.1
16 Apr 2018	26-Week	1.945	1.992	3.12	42.000	42.000	47.6	4.1	48.3
9 Apr 2018	26-Week, reopening	1.880	1.924	3.04	42.000	42.000	45.5	4.8	49.7
2 Apr 2018	26-Week	1.905	1.950	3.10	42.000	42.000	45.8	6.0	48.2
26 Mar 2018	26-Week	1.895	1.940	3.06	45.000	45.000	49.1	4.1	46.8
19 Mar 2018	26-Week	1.950	1.997	2.89	45.000	45.000	54.5	2.8	42.7
12 Mar 2018	26-Week, reopening	1.850	1.893	3.67	45.000	45.000	47.6	3.1	49.3
5 Mar 2018	26-Week	1.830	1.873	3.19	45.000	45.001	59.1	2.5	38.5
26 Feb 2018	26-Week	1.830	1.873	3.08	45.000	45.000	44.2	3.2	52.6
20 Feb 2018	26-Week	1.820	1.862	3.11	45.000	45.000	60.1	3.1	36.8
12 Feb 2018	26-Week, reopening	1.785	1.826	2.74	42.000	42.000	29.0	3.3	67.7
5 Feb 2018	26-Week	1.650	1.687	2.93	42.000	42.000	34.3	4.7	61.1
29 Jan 2018	26-Week	1.625	1.661	3.21	42.000	42.000	49.0	5.8	45.1
22 Jan 2018	26-Week	1.615	1.651	3.00	42.000	42.000	51.3	4.0	44.7
16 Jan 2018	26-Week, reopening	1.600	1.635	3.18	42.000	42.000	37.9	7.7	54.4
8 Jan 2018	26-Week	1.575	1.610	3.11	42.000	42.000	49.0	4.4	46.5
2 Jan 2018	26-Week	1.575	1.610	3.05	42.000	42.000	39.7	3.6	56.7
26 Dec 2017	26-Week	1.530	1.563	3.61	39.000	39.001	63.7	3.7	32.7
18 Dec 2017	26-Week, reopening	1.480	1.512	3.09	39.000	39.000	45.6	4.0	50.4
11 Dec 2017	26-Week	1.460	1.491	3.26	39.000	39.000	49.0	4.2	46.8
4 Dec 2017	26-Week	1.450	1.481	3.30	36.000	36.000	53.7	3.1	43.2
27 Nov 2017	26-Week	1.435	1.466	3.34	36.000	36.000	60.5	3.9	35.6
20 Nov 2017	26-Week, reopening	1.415	1.445	3.33	36.000	36.000	52.5	2.0	45.5
13 Nov 2017	26-Week	1.360	1.388	3.30	36.000	36.000	60.0	3.0	37.1
6 Nov 2017	26-Week	1.300	1.327	3.23	36.000	36.000	51.9	3.2	45.0
30 Oct 2017	26-Week	1.260	1.286	3.47	36.000	36.000	58.8	2.6	38.6
23 Oct 2017	26-Week, reopening	1.245	1.270	3.21	36.000	36.000	41.6	4.5	54.0
16 Oct 2017	26-Week	1.240	1.265	3.35	36.000	36.000	56.2	3.4	40.5
10 Oct 2017	26-Week	1.220	1.245	3.01	36.000	36.000	46.4	2.0	51.6
2 Oct 2017	26-Week	1.190	1.214	3.03	36.000	36.000	45.7	5.9	48.4
25 Sep 2017	26-Week, reopening	1.170	1.193	3.34	36.000	36.001	56.4	4.1	39.5
18 Sep 2017	26-Week	1.180	1.204	3.21	36.000	36.000	51.3	3.8	44.8
11 Sep 2017	26-Week	1.140	1.163	3.12	33.000	33.000	52.7	2.9	44.3
5 Sep 2017	26-Week	1.115	1.137	3.08	33.000	33.000	35.1	4.7	60.2
28 Aug 2017	26-Week, reopening	1.115	1.137	3.41	33.000	33.000	57.7	3.1	39.3
21 Aug 2017	26-Week	1.115	1.137	3.02	33.000	33.000	47.6	4.1	48.3
14 Aug 2017	26-Week	1.115	1.137	3.47	33.000	33.000	56.1	5.3	38.6
7 Aug 2017	26-Week	1.140	1.163	3.05	33.000	33.000	35.1	6.7	58.2
31 Jul 2017	26-Week, reopening	1.130	1.152	3.08	33.000	33.000	48.0	3.4	48.6
24 Jul 2017	26-Week	1.130	1.152	2.91	33.000	33.000	40.7	2.7	56.6
17 Jul 2017	26-Week	1.105	1.127	3.54	33.000	33.000	65.1	2.5	32.4
10 Jul 2017	26-Week	1.125	1.147	3.20	33.000	33.000	46.4	8.3	45.3
3 Jul 2017	26-Week, reopening	1.130	1.152	3.21	33.000	33.000	44.3	3.1	52.6
26 Jun 2017	26-Week	1.110	1.132	3.35	33.000	33.000	45.4	4.0	50.7
19 Jun 2017	26-Week	1.120	1.142	3.35	33.000	33.000	44.2	2.9	52.8
12 Jun 2017	26-Week	1.100	1.122	3.76	33.000	33.000	50.2	4.4	45.4
5 Jun 2017	26-Week, reopening	1.070	1.091	3.35	33.000	33.001	59.3	4.1	36.6
30 May 2017	26-Week	1.060	1.081	3.62	33.000	33.000	60.1	8.2	31.7
22 May 2017	26-Week	1.050	1.070	3.06	33.000	33.000	45.8	3.2	50.9
15 May 2017	26-Week	1.020	1.040	3.15	33.000	33.001	52.6	3.6	43.8
8 May 2017	26-Week, reopening	1.015	1.034	3.01	33.000	33.000	45.1	3.9	50.9
1 May 2017	26-Week	0.975	0.993	3.25	33.000	33.000	40.6	3.5	55.9
24 Apr 2017	26-Week	0.955	0.973	3.42	33.000	33.000	45.7	4.9	49.4
17 Apr 2017	26-Week	0.945	0.963	3.14	33.000	33.000	30.1	5.6	64.4
10 Apr 2017	26-Week, reopening	0.950	0.968	3.25	33.000	33.000	59.2	2.3	38.5
3 Apr 2017	26-Week	0.910	0.927	3.29	33.000	33.000	35.1	4.1	60.8
27 Mar 2017	26-Week	0.905	0.922	3.23	33.000	33.000	44.0	2.7	53.4
20 Mar 2017	26-Week	0.890	0.906	3.10	33.000	33.000	37.6	3.7	58.7
13 Mar 2017	26-Week, reopening	0.910	0.927	3.13	30.000	30.000	49.3	0.7	50.0
6 Mar 2017	26-Week	0.835	0.850	3.72	24.000	24.000	50.2	1.7	48.1
27 Feb 2017	26-Week	0.670	0.682	3.11	28.000	28.000	25.7	5.7	68.6
21 Feb 2017	26-Week	0.670	0.682	3.25	28.000	28.000	43.8	1.4	54.7
13 Feb 2017	26-Week, reopening	0.645	0.656	3.25	28.000	28.000	42.3	1.9	55.8
6 Feb 2017	26-Week	0.620	0.631	3.64	28.000	28.000	59.4	2.0	38.6
30 Jan 2017	26-Week	0.625	0.636	3.47	28.000	28.000	41.5	2.3	56.2
23 Jan 2017	26-Week	0.600	0.610	3.69	28.000	28.000	46.8	3.2	50.0
17 Jan 2017	26-Week, reopening	0.605	0.615	3.35	28.000	28.000	35.2	2.7	62.0
9 Jan 2017	26-Week	0.590	0.600	3.74	28.000	28.000	42.1	2.3	55.6
3 Jan 2017	26-Week	0.630	0.641	3.62	28.000	28.001	44.0	3.7	52.3
27 Dec 2016	26-Week	0.660	0.671	3.83	28.000	28.000	66.8	1.3	31.8
19 Dec 2016	26-Week, reopening	0.645	0.656	3.35	28.000	28.000	41.4	2.5	56.0
12 Dec 2016	26-Week	0.645	0.656	3.63	28.000	28.000	62.3	2.8	34.9
5 Dec 2016	26-Week	0.615	0.625	3.72	28.000	28.000	43.3	3.2	53.6
28 Nov 2016	26-Week	0.610	0.620	4.27	30.000	30.001	64.6	2.3	33.2
21 Nov 2016	26-Week, reopening	0.605	0.615	3.84	33.000	33.000	54.8	0.9	44.3
14 Nov 2016	26-Week	0.625	0.636	3.13	36.000	36.000	56.9	2.0	41.1
7 Nov 2016	26-Week	0.535	0.544	3.41	36.000	36.000	50.9	1.4	47.7
31 Oct 2016	26-Week	0.500	0.508	3.48	36.000	36.000	43.4	1.9	54.6
24 Oct 2016	26-Week, reopening	0.475	0.483	3.50	36.000	36.000	44.2	5.0	50.8
17 Oct 2016	26-Week	0.470	0.478	3.30	36.000	36.000	52.7	2.7	44.6
11 Oct 2016	26-Week	0.495	0.503	3.50	36.000	36.000	58.0	2.0	40.0
3 Oct 2016	26-Week	0.490	0.498	3.58	36.000	36.000	50.2	2.3	47.6
26 Sep 2016	26-Week, reopening	0.420	0.427	3.65	36.000	36.000	51.3	5.8	43.0
19 Sep 2016	26-Week	0.500	0.508	3.41	36.000	36.000	43.9	1.2	54.9
12 Sep 2016	26-Week	0.540	0.549	3.30	36.000	36.000	41.5	1.7	56.8
6 Sep 2016	26-Week	0.470	0.478	3.27	36.000	36.000	37.9	1.4	60.7
29 Aug 2016	26-Week, reopening	0.480	0.488	3.80	34.000	34.000	63.3	1.6	35.1
22 Aug 2016	26-Week	0.450	0.457	3.23	34.000	34.000	40.0	2.5	57.4
15 Aug 2016	26-Week	0.445	0.452	3.23	34.000	34.000	49.2	0.7	50.1
8 Aug 2016	26-Week	0.440	0.447	3.82	34.000	34.000	58.2	2.6	39.2
1 Aug 2016	26-Week, reopening	0.395	0.401	3.50	32.000	32.000	41.1	2.6	56.3
25 Jul 2016	26-Week	0.425	0.432	3.84	32.000	32.000	58.4	1.7	39.9
18 Jul 2016	26-Week	0.430	0.437	3.28	32.000	32.001	35.6	4.3	60.1
11 Jul 2016	26-Week	0.390	0.396	3.07	32.000	32.000	45.6	3.5	50.9
5 Jul 2016	26-Week, reopening	0.340	0.345	3.67	29.000	29.000	46.5	2.5	51.0
27 Jun 2016	26-Week	0.340	0.345	3.72	26.000	26.000	53.5	0.6	45.9
20 Jun 2016	26-Week	0.400	0.406	3.53	26.000	26.000	36.2	3.1	60.6
13 Jun 2016	26-Week	0.400	0.406	4.15	26.000	26.000	66.1	1.6	32.3
6 Jun 2016	26-Week, reopening	0.430	0.437	3.39	26.000	26.000	34.2	2.3	63.5
31 May 2016	26-Week	0.475	0.483	3.62	26.000	26.000	45.3	3.8	50.9
23 May 2016	26-Week	0.480	0.488	3.65	26.000	26.000	53.1	8.6	38.3
16 May 2016	26-Week	0.370	0.376	4.00	26.000	26.001	43.4	2.0	54.6
9 May 2016	26-Week, reopening	0.380	0.386	4.26	26.000	26.000	67.1	2.0	30.9
2 May 2016	26-Week	0.395	0.401	3.89	24.000	24.000	45.7	3.2	51.0
25 Apr 2016	26-Week	0.400	0.406	3.76	24.000	24.000	44.8	1.7	53.5
18 Apr 2016	26-Week	0.350	0.355	3.85	24.000	24.000	42.7	6.0	51.3
11 Apr 2016	26-Week, reopening	0.350	0.355	3.83	24.000	24.000	34.9	8.6	56.6
4 Apr 2016	26-Week	0.385	0.391	4.10	24.000	24.000	31.9	7.4	60.6
28 Mar 2016	26-Week	0.475	0.483	3.58	26.000	26.000	57.5	5.5	37.1
21 Mar 2016	26-Week	0.440	0.447	3.19	28.000	28.000	31.6	7.6	60.8
14 Mar 2016	26-Week, reopening	0.510	0.518	3.61	30.000	30.000	41.5	2.2	56.2
7 Mar 2016	26-Week	0.475	0.483	3.84	30.000	30.000	53.1	4.7	42.2
29 Feb 2016	26-Week	0.480	0.488	3.46	30.000	30.000	47.4	4.2	48.4
22 Feb 2016	26-Week	0.455	0.464	3.83	30.000	30.000	59.9	3.9	36.2
16 Feb 2016	26-Week, reopening	0.410	0.418	3.43	30.000	30.000	34.9	6.1	59.0
8 Feb 2016	26-Week	0.420	0.428	3.86	30.000	30.000	55.1	7.5	37.4
1 Feb 2016	26-Week	0.465	0.474	3.86	30.000	30.000	49.6	5.8	44.6
25 Jan 2016	26-Week	0.415	0.423	3.39	28.000	28.000	32.3	5.9	61.8
19 Jan 2016	26-Week, reopening	0.370	0.377	3.67	26.000	26.000	19.7	4.7	75.5
11 Jan 2016	26-Week	0.470	0.479	4.19	26.000	26.000	43.3	8.7	48.0
4 Jan 2016	26-Week	0.500	0.510	3.96	26.000	26.000	42.8	6.8	50.4
28 Dec 2015	26-Week	0.550	0.561	4.15	26.000	26.001	56.1	6.3	37.6
21 Dec 2015	26-Week, reopening	0.515	0.525	3.56	26.000	26.000	44.2	8.0	47.8
14 Dec 2015	26-Week	0.585	0.597	3.63	26.000	26.000	38.6	11.5	49.8
7 Dec 2015	26-Week	0.535	0.545	3.42	26.000	26.000	32.4	5.6	62.0
30 Nov 2015	26-Week	0.415	0.423	3.65	26.000	26.000	39.9	6.6	53.5
23 Nov 2015	26-Week, reopening	0.350	0.356	3.46	26.000	26.000	30.5	9.1	60.4
16 Nov 2015	26-Week	0.330	0.336	3.91	28.000	28.000	47.9	9.0	43.1
9 Nov 2015	26-Week	0.340	0.346	3.69	28.000	28.000	59.6	6.8	33.6
2 Nov 2015	26-Week	0.280	0.285	3.75	26.000	26.000	62.8	2.5	34.7
26 Oct 2015	26-Week, reopening	0.155	0.158	3.34	26.000	26.000	28.1	4.4	67.5
19 Oct 2015	26-Week	0.110	0.112	3.56	26.000	26.000	34.1	6.4	59.5
13 Oct 2015	26-Week	0.080	0.081	3.75	20.000	20.001	26.3	7.0	66.7
5 Oct 2015	26-Week	0.065	0.066	3.86	21.000	21.001	31.3	6.4	62.3
28 Sep 2015	26-Week, reopening	0.105	0.107	3.64	18.000	18.000	50.0	5.7	44.2
21 Sep 2015	26-Week	0.115	0.117	3.86	20.000	20.000	26.8	14.4	58.8
14 Sep 2015	26-Week	0.260	0.265	3.99	20.000	20.000	49.5	2.3	48.2
8 Sep 2015	26-Week	0.275	0.280	3.82	22.000	22.000	52.5	5.5	42.0
31 Aug 2015	26-Week, reopening	0.270	0.275	3.74	24.000	24.000	35.9	6.7	57.4
24 Aug 2015	26-Week	0.200	0.204	3.51	24.000	24.001	31.8	5.4	62.8
17 Aug 2015	26-Week	0.245	0.249	3.69	24.000	24.000	49.2	4.6	46.2
10 Aug 2015	26-Week	0.245	0.249	3.52	24.000	24.000	38.6	3.3	58.1
3 Aug 2015	26-Week, reopening	0.165	0.168	3.89	24.000	24.000	31.6	7.9	60.5
27 Jul 2015	26-Week	0.145	0.148	3.99	24.000	24.000	47.5	4.4	48.1
20 Jul 2015	26-Week	0.135	0.137	3.67	24.000	24.000	34.8	2.7	62.5
13 Jul 2015	26-Week	0.100	0.102	3.89	24.000	24.000	33.5	4.9	61.7
6 Jul 2015	26-Week, reopening	0.085	0.086	4.03	24.000	24.000	42.7	11.0	46.4
29 Jun 2015	26-Week	0.110	0.112	3.84	24.000	24.000	39.9	5.8	54.3
22 Jun 2015	26-Week	0.080	0.081	4.29	24.000	24.000	44.7	7.5	47.8
15 Jun 2015	26-Week	0.100	0.102	4.19	24.000	24.001	25.5	7.0	67.4
8 Jun 2015	26-Week, reopening	0.080	0.081	4.49	24.000	24.000	47.4	4.6	47.9
1 Jun 2015	26-Week	0.070	0.071	4.58	24.000	24.001	46.4	4.8	48.7
26 May 2015	26-Week	0.085	0.086	4.45	24.000	24.000	39.8	1.6	58.7
18 May 2015	26-Week	0.080	0.081	4.51	24.000	24.000	55.8	3.4	40.8
11 May 2015	26-Week, reopening	0.085	0.086	4.25	24.000	24.000	55.6	3.4	41.0
4 May 2015	26-Week	0.070	0.071	3.94	24.000	24.000	33.4	9.3	57.2
27 Apr 2015	26-Week	0.095	0.097	4.61	24.000	24.001	62.8	1.0	36.2
20 Apr 2015	26-Week	0.090	0.092	4.49	24.000	24.000	39.6	6.3	54.1
13 Apr 2015	26-Week, reopening	0.105	0.107	4.32	24.000	24.000	52.5	4.9	42.6

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Source: U.S. Treasury, Bureau of the Fiscal Service, Fiscal Data, Treasury Securities Auctions Data. Observed 5 Oct 2026.

Shares of competitive bids, grades against earlier auctions and the high-minus-median spread are computed by 500metrics from Treasury's published fields; how.

Sources and licence

U.S. Treasury, Bureau of the Fiscal Service, Fiscal Data (source). Licence: Public domain, a work of the US federal government

Our text and compilation: CC BY 4.0. How to reuse and cite this page.