Reopening

8-Week Treasury Bill auction result for May 22, 2025

The 8-Week Treasury Bill reopening held on May 22, 2025 recorded an official high rate of 4.322% and a bid-to-cover ratio of 2.89. Bid-to-cover increased from 2.85 at the preceding comparable auction.

High investment rate

4.322%

Bid-to-cover

2.89

Direct bidders

4.2%

Primary dealers

37.8%

Comparable historical context

Official US Treasury auction results
Auction dateSeriesResultBid-to-coverOfferingDirectIndirectDealers
2025-05-228W Bill · reopeningHigh investment rate: 4.322%2.89$75.0B4.2%55.6%37.8%
2025-05-158W Bill · reopeningHigh investment rate: 4.322%2.85$75.0B2.6%65.0%30.1%
2025-05-088W Bill · reopeningHigh investment rate: 4.312%2.98$75.0B3.3%61.0%33.3%
2025-05-018W Bill · reopeningHigh investment rate: 4.307%3.28$75.0B2.9%70.4%24.3%
2025-04-248W Bill · reopeningHigh investment rate: 4.312%3.01$75.0B2.9%62.1%32.6%
2025-04-178W Bill · reopeningHigh investment rate: 4.322%2.94$75.0B3.4%61.3%33.1%
2025-04-108W Bill · reopeningHigh investment rate: 4.322%3.10$75.0B2.6%68.5%26.5%
2025-04-038W Bill · reopeningHigh investment rate: 4.327%2.87$75.0B2.9%64.2%30.5%
2025-03-278W Bill · reopeningHigh investment rate: 4.333%2.68$75.0B4.4%55.6%37.8%
2025-03-208W Bill · reopeningHigh investment rate: 4.302%2.74$75.0B3.4%53.3%41.2%
2025-03-138W Bill · reopeningHigh investment rate: 4.307%3.04$75.0B3.4%62.3%31.9%
2025-03-068W Bill · reopeningHigh investment rate: 4.307%3.02$75.0B4.0%60.0%33.5%
2025-02-278W Bill · reopeningHigh investment rate: 4.322%2.98$75.0B4.5%61.7%31.6%
2025-02-208W Bill · reopeningHigh investment rate: 4.322%2.88$80.0B2.7%62.0%33.3%
2025-02-138W Bill · reopeningHigh investment rate: 4.327%2.94$85.0B3.0%63.1%31.9%
2025-02-068W Bill · reopeningHigh investment rate: 4.327%2.77$90.0B2.7%61.9%33.3%
2025-01-308W Bill · reopeningHigh investment rate: 4.327%2.63$90.0B5.0%58.3%34.7%
2025-01-238W Bill · reopeningHigh investment rate: 4.338%2.75$90.0B3.7%61.6%32.7%
2025-01-168W Bill · reopeningHigh investment rate: 4.322%2.89$90.0B3.8%57.8%36.2%
2025-01-098W Bill · reopeningHigh investment rate: 4.327%2.81$90.0B8.8%58.4%30.4%
2025-01-028W Bill · reopeningHigh investment rate: 4.327%2.96$80.0B3.2%62.3%29.8%
2024-12-268W Bill · reopeningHigh investment rate: 4.353%2.90$70.0B3.5%69.3%25.0%
2024-12-198W Bill · reopeningHigh investment rate: 4.317%2.98$75.0B3.9%68.9%25.0%
2024-12-128W Bill · reopeningHigh investment rate: 4.348%2.81$75.0B4.4%54.4%39.1%

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

8-Week Treasury Bill Auction Result for May 22, 2025 | Squawkdeck