Reopening

4-Week Treasury Bill auction result for November 16, 2023

The 4-Week Treasury Bill reopening held on November 16, 2023 recorded an official high rate of 5.400% and a bid-to-cover ratio of 2.75. Bid-to-cover increased from 2.57 at the preceding comparable auction.

High investment rate

5.400%

Bid-to-cover

2.75

Direct bidders

4.0%

Primary dealers

30.6%

Comparable historical context

Official US Treasury auction results
Auction dateSeriesResultBid-to-coverOfferingDirectIndirectDealers
2023-11-164W Bill · reopeningHigh investment rate: 5.400%2.75$95.0B4.0%59.6%30.6%
2023-11-094W Bill · reopeningHigh investment rate: 5.400%2.57$95.0B4.1%45.1%44.6%
2023-11-024W Bill · reopeningHigh investment rate: 5.400%2.91$95.0B2.9%61.4%29.7%
2023-10-264W Bill · reopeningHigh investment rate: 5.406%2.94$95.0B3.6%65.3%25.0%
2023-10-194W Bill · reopeningHigh investment rate: 5.416%2.98$95.0B4.3%61.7%26.2%
2023-10-124W Bill · reopeningHigh investment rate: 5.436%2.79$95.0B2.2%65.1%25.2%
2023-10-054W Bill · reopeningHigh investment rate: 5.421%2.95$90.0B2.5%60.1%31.2%
2023-09-284W Bill · reopeningHigh investment rate: 5.400%2.95$85.0B3.8%53.4%36.2%
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%

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

4-Week Treasury Bill Auction Result for November 16, 2023 | Squawkdeck