Reopening

8-Week Treasury Bill auction result for April 6, 2023

The 8-Week Treasury Bill reopening held on April 6, 2023 recorded an official high rate of 4.762% and a bid-to-cover ratio of 2.50. Bid-to-cover increased from 2.47 at the preceding comparable auction.

High investment rate

4.762%

Bid-to-cover

2.50

Direct bidders

3.0%

Primary dealers

42.8%

Comparable historical context

Official US Treasury auction results
Auction dateSeriesResultBid-to-coverOfferingDirectIndirectDealers
2023-04-068W Bill · reopeningHigh investment rate: 4.762%2.50$50.0B3.0%49.9%42.8%
2023-03-308W Bill · reopeningHigh investment rate: 4.710%2.47$50.0B0.7%58.9%36.1%
2023-03-238W Bill · reopeningHigh investment rate: 4.504%2.97$50.0B1.5%68.4%25.6%
2023-03-178W Bill · reopeningHigh investment rate: 4.556%2.85$50.0B0.2%66.4%26.7%
2023-03-098W Bill · reopeningHigh investment rate: 4.937%2.30$55.0B2.5%33.0%60.1%
2023-03-028W Bill · reopeningHigh investment rate: 4.767%2.79$60.0B1.9%54.3%39.6%
2023-02-238W Bill · reopeningHigh investment rate: 4.759%2.64$60.0B1.6%56.7%38.3%
2023-02-168W Bill · reopeningHigh investment rate: 4.749%2.51$60.0B1.8%56.6%37.9%
2023-02-098W Bill · reopeningHigh investment rate: 4.698%2.32$60.0B1.1%55.8%40.2%
2023-02-028W Bill · reopeningHigh investment rate: 4.600%2.56$60.0B2.3%54.1%40.3%
2023-01-268W Bill · reopeningHigh investment rate: 4.620%2.57$60.0B2.1%53.3%40.1%
2023-01-198W Bill · reopeningHigh investment rate: 4.615%2.53$60.0B1.3%50.6%44.5%
2023-01-128W Bill · reopeningHigh investment rate: 4.559%2.73$55.0B2.7%52.2%40.7%
2023-01-058W Bill · reopeningHigh investment rate: 4.523%2.29$45.0B3.0%32.8%59.4%
2022-12-298W Bill · reopeningHigh investment rate: 4.338%2.41$45.0B1.9%43.8%50.6%
2022-12-228W Bill · reopeningHigh investment rate: 4.066%2.68$45.0B1.3%61.3%32.9%
2022-12-158W Bill · reopeningHigh investment rate: 4.143%2.72$45.0B2.5%55.7%36.4%
2022-12-088W Bill · reopeningHigh investment rate: 4.019%2.94$45.0B0.0%69.1%25.6%
2022-12-018W Bill · reopeningHigh investment rate: 4.163%2.76$45.0B1.6%58.7%34.3%
2022-11-238W Bill · reopeningHigh investment rate: 4.204%2.81$50.0B1.7%62.6%30.4%
2022-11-178W Bill · reopeningHigh investment rate: 4.101%2.46$55.0B1.1%51.5%42.8%
2022-11-108W Bill · reopeningHigh investment rate: 3.927%2.68$55.0B1.2%57.0%36.5%
2022-11-038W Bill · reopeningHigh investment rate: 3.958%2.75$55.0B1.0%59.5%35.1%
2022-10-278W Bill · reopeningHigh investment rate: 3.896%2.67$55.0B1.9%49.4%42.4%

8-Week Bill history page is not yet available · Official result document

8-Week Treasury Bill Auction Result for April 6, 2023 | Squawkdeck