Reopening

4-Week Treasury Bill auction result for September 21, 2023

The 4-Week Treasury Bill reopening held on September 21, 2023 recorded an official high rate of 5.390% and a bid-to-cover ratio of 2.80. Bid-to-cover increased from 2.66 at the preceding comparable auction.

High investment rate

5.390%

Bid-to-cover

2.80

Direct bidders

4.5%

Primary dealers

39.6%

Comparable historical context

Official US Treasury auction results
Auction dateSeriesResultBid-to-coverOfferingDirectIndirectDealers
2023-09-214W Bill · reopeningHigh investment rate: 5.390%2.80$80.0B4.5%49.9%39.6%
2023-09-144W Bill · reopeningHigh investment rate: 5.395%2.66$80.0B3.3%43.0%47.4%
2023-09-074W Bill · reopeningHigh investment rate: 5.390%2.70$80.0B2.2%53.9%37.6%
2023-08-314W Bill · reopeningHigh investment rate: 5.390%2.95$80.0B1.6%57.0%34.7%
2023-08-244W Bill · reopeningHigh investment rate: 5.395%2.89$80.0B2.2%57.5%33.8%
2023-08-174W Bill · reopeningHigh investment rate: 5.390%2.67$80.0B3.0%51.0%39.5%
2023-08-104W Bill · reopeningHigh investment rate: 5.390%2.62$75.0B6.0%45.9%40.9%
2023-08-034W Bill · reopeningHigh investment rate: 5.385%2.80$70.0B4.3%48.8%39.0%
2023-07-274W Bill · reopeningHigh investment rate: 5.385%3.18$70.0B3.3%54.4%32.7%
2023-07-204W Bill · reopeningHigh investment rate: 5.365%2.66$70.0B5.6%48.8%38.0%
2023-07-134W Bill · reopeningHigh investment rate: 5.318%2.79$70.0B4.1%50.0%36.2%
2023-07-064W Bill · reopeningHigh investment rate: 5.257%2.54$70.0B1.8%44.0%47.2%
2023-06-294W Bill · reopeningHigh investment rate: 5.190%2.53$70.0B2.8%50.8%40.8%
2023-06-224W Bill · reopeningHigh investment rate: 5.113%2.93$70.0B2.0%63.4%28.6%
2023-06-154W Bill · reopeningHigh investment rate: 5.113%3.03$65.0B1.6%54.6%36.9%
2023-06-084W Bill · reopeningHigh investment rate: 5.195%2.49$60.0B5.8%35.8%50.2%
2023-06-014W Bill · reopeningHigh investment rate: 5.237%2.85$35.0B2.8%39.6%47.5%
2023-05-254W Bill · reopeningHigh investment rate: 5.872%2.79$35.0B2.3%47.8%38.4%
2023-05-184W Bill · reopeningHigh investment rate: 5.482%3.15$35.0B2.7%47.9%35.6%
2023-05-114W Bill · reopeningHigh investment rate: 5.723%3.18$35.0B4.4%36.7%43.6%
2023-05-044W Bill · reopeningHigh investment rate: 5.964%2.51$50.0B9.3%39.3%44.8%
2023-04-274W Bill · reopeningHigh investment rate: 3.905%2.50$50.0B4.5%55.6%33.5%
2023-04-204W Bill · reopeningHigh investment rate: 3.251%3.01$50.0B1.5%65.8%25.1%
2023-04-134W Bill · reopeningHigh investment rate: 4.110%3.08$60.0B2.3%66.8%23.3%

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

4-Week Treasury Bill Auction Result for September 21, 2023 | Squawkdeck