Reopening

8-Week Treasury Bill auction result for August 31, 2023

The 8-Week Treasury Bill reopening held on August 31, 2023 recorded an official high rate of 5.423% and a bid-to-cover ratio of 2.77. Bid-to-cover decreased from 2.82 at the preceding comparable auction.

High investment rate

5.423%

Bid-to-cover

2.77

Direct bidders

2.2%

Primary dealers

36.7%

Comparable historical context

Official US Treasury auction results
Auction dateSeriesResultBid-to-coverOfferingDirectIndirectDealers
2023-08-318W Bill · reopeningHigh investment rate: 5.423%2.77$70.0B2.2%58.6%36.7%
2023-08-248W Bill · reopeningHigh investment rate: 5.423%2.82$70.0B2.0%58.8%36.0%
2023-08-178W Bill · reopeningHigh investment rate: 5.412%2.89$70.0B9.6%50.5%36.8%
2023-08-108W Bill · reopeningHigh investment rate: 5.412%2.96$65.0B2.4%55.8%38.2%
2023-08-038W Bill · reopeningHigh investment rate: 5.418%2.77$60.0B4.4%51.5%40.3%
2023-07-278W Bill · reopeningHigh investment rate: 5.418%2.86$60.0B4.1%50.8%38.5%
2023-07-208W Bill · reopeningHigh investment rate: 5.387%2.99$60.0B3.8%58.8%34.4%
2023-07-138W Bill · reopeningHigh investment rate: 5.361%2.87$60.0B1.7%55.8%37.9%
2023-07-068W Bill · reopeningHigh investment rate: 5.330%2.88$60.0B1.9%63.7%30.9%
2023-06-298W Bill · reopeningHigh investment rate: 5.319%2.61$60.0B2.3%46.5%46.0%
2023-06-228W Bill · reopeningHigh investment rate: 5.268%2.78$60.0B2.5%44.8%46.1%
2023-06-158W Bill · reopeningHigh investment rate: 5.206%3.06$55.0B2.3%49.5%41.0%
2023-06-088W Bill · reopeningHigh investment rate: 5.247%2.86$50.0B2.4%49.5%40.1%
2023-06-018W Bill · reopeningHigh investment rate: 5.350%2.83$35.0B2.9%37.5%55.1%
2023-05-258W Bill · reopeningHigh investment rate: 5.485%2.82$35.0B2.8%53.3%39.2%
2023-05-188W Bill · reopeningHigh investment rate: 5.144%2.39$35.0B3.2%32.7%59.3%
2023-05-118W Bill · reopeningHigh investment rate: 4.793%3.04$35.0B0.0%76.0%17.4%
2023-05-048W Bill · reopeningHigh investment rate: 5.537%2.93$45.0B1.0%77.7%15.3%
2023-04-278W Bill · reopeningHigh investment rate: 5.061%2.70$45.0B2.9%54.4%37.5%
2023-04-208W Bill · reopeningHigh investment rate: 4.968%2.47$45.0B1.9%43.2%49.7%
2023-04-138W Bill · reopeningHigh investment rate: 4.906%2.52$50.0B3.2%42.7%49.5%
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%

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

8-Week Treasury Bill Auction Result for August 31, 2023 | Squawkdeck