Reopening

8-Week Treasury Bill auction result for February 29, 2024

The 8-Week Treasury Bill reopening held on February 29, 2024 recorded an official high rate of 5.403% and a bid-to-cover ratio of 2.71. Bid-to-cover decreased from 2.78 at the preceding comparable auction.

High investment rate

5.403%

Bid-to-cover

2.71

Direct bidders

3.2%

Primary dealers

41.2%

Comparable historical context

Official US Treasury auction results
Auction dateSeriesResultBid-to-coverOfferingDirectIndirectDealers
2024-02-298W Bill · reopeningHigh investment rate: 5.403%2.71$90.0B3.2%53.5%41.2%
2024-02-228W Bill · reopeningHigh investment rate: 5.407%2.78$90.0B3.0%53.1%41.5%
2024-02-158W Bill · reopeningHigh investment rate: 5.402%2.66$90.0B4.5%55.9%37.3%
2024-02-088W Bill · reopeningHigh investment rate: 5.402%2.75$90.0B3.1%54.5%40.0%
2024-02-018W Bill · reopeningHigh investment rate: 5.397%2.75$90.0B3.5%49.8%44.4%
2024-01-258W Bill · reopeningHigh investment rate: 5.407%2.85$90.0B4.4%44.9%48.3%
2024-01-188W Bill · reopeningHigh investment rate: 5.407%3.06$85.0B3.1%51.9%42.6%
2024-01-118W Bill · reopeningHigh investment rate: 5.407%2.98$80.0B3.9%54.4%39.1%
2024-01-048W Bill · reopeningHigh investment rate: 5.418%2.80$80.0B3.2%59.1%35.2%
2023-12-288W Bill · reopeningHigh investment rate: 5.418%2.59$80.0B1.7%63.0%33.1%
2023-12-218W Bill · reopeningHigh investment rate: 5.402%2.74$80.0B1.2%56.4%40.1%
2023-12-148W Bill · reopeningHigh investment rate: 5.407%2.83$80.0B2.7%50.0%44.9%
2023-12-078W Bill · reopeningHigh investment rate: 5.407%2.82$80.0B3.3%55.2%39.3%
2023-11-308W Bill · reopeningHigh investment rate: 5.412%2.75$80.0B3.2%56.3%38.4%
2023-11-228W Bill · reopeningHigh investment rate: 5.412%2.73$80.0B4.8%59.3%33.7%
2023-11-168W Bill · reopeningHigh investment rate: 5.412%2.63$85.0B3.9%53.7%40.1%
2023-11-098W Bill · reopeningHigh investment rate: 5.418%2.70$85.0B3.3%53.2%39.3%
2023-11-028W Bill · reopeningHigh investment rate: 5.433%2.70$85.0B5.1%58.7%33.8%
2023-10-268W Bill · reopeningHigh investment rate: 5.464%2.52$85.0B3.6%54.5%39.5%
2023-10-198W Bill · reopeningHigh investment rate: 5.459%2.63$85.0B3.8%57.7%34.8%
2023-10-128W Bill · reopeningHigh investment rate: 5.480%2.88$85.0B2.8%62.2%31.9%
2023-10-058W Bill · reopeningHigh investment rate: 5.490%2.46$80.0B5.5%47.6%41.6%
2023-09-288W Bill · reopeningHigh investment rate: 5.464%2.59$75.0B4.2%56.4%36.6%
2023-09-218W Bill · reopeningHigh investment rate: 5.433%2.58$70.0B5.2%44.7%47.6%

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

8-Week Treasury Bill Auction Result for February 29, 2024 | Squawkdeck