Treasury auctions · 26-week bill · highs and lows
What were the highest and lowest results at 26-week Treasury bill auctions?
As of , the highest bid-to-cover ratio at a 26-week bill auction since was 6.12 on and the lowest 1.48 on .
Last updated . This page normally updates every week; the latest update is late.
Bid-to-cover ratio
Highest 6.12 on ; lowest 1.48 on .
Data from .
Low 1.48 Midpoint 3.800 High 6.12
High discount rate
Highest 15.836% on ; lowest 0.030% at 4 auctions, the latest on .
Data from .
Low 0.030% Midpoint 7.9330% High 15.836%
Indirect bidders' share
Highest 76.5% on ; lowest 14.4% on .
Data from .
Low 14.4% Midpoint 45.45% High 76.5%
Direct bidders' share
Highest 38.7% on ; lowest 0.1% on .
Data from .
Low 0.1% Midpoint 19.40% High 38.7%
Primary dealers' share
Highest 80.8% on ; lowest 16.3% on .
Data from .
Low 16.3% Midpoint 48.55% High 80.8%
Amount offered
Largest $82 billion at 3 auctions, the latest on ; smallest $2.8 billion on .
Data from .
Low $2.8 billion Midpoint $42.40 billion High $82.0 billion
The numbers behind the chart
What were the highest and lowest of every measure?With the latest day and how many auctions share each
| Measure | Highest | Latest day | Auctions at it | Lowest | Latest day | Auctions at it |
|---|---|---|---|---|---|---|
| Bid-to-cover ratio | 6.12 | 1 | 1.48 | 1 | ||
| High discount rate | 15.836% | 1 | 0.030% | 4 | ||
| Indirect bidders' share | 76.5% | 1 | 14.4% | 1 | ||
| Direct bidders' share | 38.7% | 1 | 0.1% | 1 | ||
| Primary dealers' share | 80.8% | 1 | 16.3% | 1 | ||
| Amount offered | $82 billion | 3 | $2.8 billion | 1 |
The table scrolls sideways; the first column stays in place.
What do the figures leave out, and how are they cited?Limits, dates and how to cite
Auctions of exactly twenty-five million dollars, taken only by primary dealers, are left out of these comparisons.
The amount offered is compared across new issues and reopenings here: this page lists the largest and smallest amounts, not a run of like with like. Single auctions have their own pages where Treasury published the bidder amounts; a bill auction has none.
Observed .
How to cite this
U.S. Treasury, Bureau of the Fiscal Service, Fiscal Data, Treasury Securities Auctions Data, through 13 October 2026. Compiled by 500metrics, "What were the highest and lowest results at 26-week Treasury bill auctions?", https://500metrics.com/treasury/auctions/26-week-bill/records.
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