Reopening

13-Week Treasury Bill auction result for August 21, 2023

The 13-Week Treasury Bill reopening held on August 21, 2023 recorded an official high rate of 5.462% and a bid-to-cover ratio of 2.96. Bid-to-cover decreased from 3.12 at the preceding comparable auction.

High investment rate

5.462%

Bid-to-cover

2.96

Direct bidders

3.5%

Primary dealers

34.7%

Comparable historical context

Official US Treasury auction results
Auction dateSeriesResultBid-to-coverOfferingDirectIndirectDealers
2023-08-2113W Bill · reopeningHigh investment rate: 5.462%2.96$69.0B3.5%51.0%34.7%
2023-08-1413W Bill · reopeningHigh investment rate: 5.456%3.12$69.0B4.0%49.9%33.2%
2023-08-0713W Bill · reopeningHigh investment rate: 5.451%2.83$67.0B4.3%50.8%32.4%
2023-07-3113W Bill · reopeningHigh investment rate: 5.441%2.93$65.0B4.9%47.6%32.8%
2023-07-2413W Bill · reopeningHigh investment rate: 5.430%2.92$65.0B2.9%50.5%33.2%
2023-07-1713W Bill · reopeningHigh investment rate: 5.409%3.11$65.0B4.1%54.0%30.7%
2023-07-1013W Bill · reopeningHigh investment rate: 5.409%3.12$65.0B2.5%52.0%33.9%
2023-07-0313W Bill · reopeningHigh investment rate: 5.388%3.00$65.0B2.0%53.9%33.0%
2023-06-2613W Bill · reopeningHigh investment rate: 5.336%2.99$65.0B3.9%43.2%42.2%
2023-06-2013W Bill · reopeningHigh investment rate: 5.284%2.58$65.0B3.1%48.2%41.6%
2023-06-1213W Bill · reopeningHigh investment rate: 5.305%2.99$65.0B3.7%56.3%28.1%
2023-06-0513W Bill · reopeningHigh investment rate: 5.378%3.15$65.0B4.4%60.0%24.8%
2023-05-3013W Bill · reopeningHigh investment rate: 5.462%2.38$63.0B2.7%37.9%49.4%
2023-05-2213W Bill · reopeningHigh investment rate: 5.409%2.56$57.0B2.6%56.2%28.7%
2023-05-1513W Bill · reopeningHigh investment rate: 5.211%2.79$57.0B3.3%56.8%24.7%
2023-05-0813W Bill · reopeningHigh investment rate: 5.294%2.66$57.0B3.5%46.0%34.7%
2023-05-0113W Bill · reopeningHigh investment rate: 5.274%2.44$57.0B5.5%40.2%37.1%
2023-04-2413W Bill · reopeningHigh investment rate: 5.216%2.74$57.0B2.3%52.1%30.7%
2023-04-1713W Bill · reopeningHigh investment rate: 5.232%2.59$57.0B3.6%51.2%30.1%
2023-04-1013W Bill · reopeningHigh investment rate: 5.128%2.28$57.0B3.6%35.5%48.0%
2023-04-0313W Bill · reopeningHigh investment rate: 4.919%2.49$57.0B2.3%45.5%38.2%
2023-03-2713W Bill · reopeningHigh investment rate: 4.810%2.51$57.0B8.1%36.8%41.0%
2023-03-2013W Bill · reopeningHigh investment rate: 4.810%2.41$57.0B7.4%49.1%34.9%
2023-03-1313W Bill · reopeningHigh investment rate: 4.888%2.15$57.0B3.1%30.2%55.2%

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

13-Week Treasury Bill Auction Result for August 21, 2023 | Squawkdeck