Reopening
26-Week Treasury Bill auction result for May 27, 2025
The 26-Week Treasury Bill reopening held on May 27, 2025 recorded an official high rate of 4.309% and a bid-to-cover ratio of 2.95. Bid-to-cover increased from 2.59 at the preceding comparable auction.
High investment rate
4.309%
Bid-to-cover
2.95
Direct bidders
8.9%
Primary dealers
32.8%
Comparable historical context
| Auction date | Series | Result | Bid-to-cover | Offering | Direct | Indirect | Dealers |
|---|---|---|---|---|---|---|---|
| 2025-05-27 | 26W Bill · reopening | High investment rate: 4.309% | 2.95 | $68.0B | 8.9% | 50.7% | 32.8% |
| 2025-05-19 | 26W Bill | High investment rate: 4.287% | 2.59 | $68.0B | 9.8% | 46.3% | 35.6% |
| 2025-05-12 | 26W Bill | High investment rate: 4.250% | 3.26 | $68.0B | 11.4% | 58.2% | 19.7% |
| 2025-05-05 | 26W Bill | High investment rate: 4.234% | 3.52 | $68.0B | 8.5% | 61.6% | 21.7% |
| 2025-04-28 | 26W Bill · reopening | High investment rate: 4.208% | 2.80 | $68.0B | 9.1% | 54.4% | 27.6% |
| 2025-04-21 | 26W Bill | High investment rate: 4.192% | 2.93 | $68.0B | 12.5% | 59.2% | 21.7% |
| 2025-04-14 | 26W Bill | High investment rate: 4.203% | 2.80 | $68.0B | 8.8% | 62.2% | 22.1% |
| 2025-04-07 | 26W Bill | High investment rate: 4.139% | 2.79 | $68.0B | 3.9% | 66.5% | 22.1% |
| 2025-03-31 | 26W Bill · reopening | High investment rate: 4.213% | 2.99 | $68.0B | 4.3% | 66.2% | 21.2% |
| 2025-03-24 | 26W Bill | High investment rate: 4.229% | 3.27 | $68.0B | 5.4% | 70.9% | 19.9% |
| 2025-03-17 | 26W Bill | High investment rate: 4.245% | 3.01 | $68.0B | 6.8% | 64.8% | 25.5% |
| 2025-03-10 | 26W Bill | High investment rate: 4.219% | 3.03 | $68.0B | 7.8% | 64.2% | 24.4% |
| 2025-03-03 | 26W Bill · reopening | High investment rate: 4.282% | 3.27 | $68.0B | 7.4% | 66.1% | 22.6% |
| 2025-02-24 | 26W Bill | High investment rate: 4.330% | 3.05 | $68.0B | 13.0% | 57.8% | 21.5% |
| 2025-02-18 | 26W Bill | High investment rate: 4.372% | 2.63 | $70.0B | 10.8% | 47.6% | 33.8% |
| 2025-02-10 | 26W Bill | High investment rate: 4.335% | 2.86 | $72.0B | 9.0% | 50.3% | 30.3% |
| 2025-02-03 | 26W Bill · reopening | High investment rate: 4.303% | 3.04 | $72.0B | 6.5% | 61.2% | 22.4% |
| 2025-01-27 | 26W Bill | High investment rate: 4.287% | 2.92 | $72.0B | 7.2% | 53.6% | 27.7% |
| 2025-01-21 | 26W Bill | High investment rate: 4.314% | 3.04 | $72.0B | 11.8% | 57.2% | 23.0% |
| 2025-01-13 | 26W Bill | High investment rate: 4.330% | 2.81 | $72.0B | 10.8% | 52.3% | 29.0% |
| 2025-01-06 | 26W Bill · reopening | High investment rate: 4.256% | 3.20 | $72.0B | 7.4% | 65.0% | 19.9% |
| 2024-12-30 | 26W Bill | High investment rate: 4.282% | 3.03 | $72.0B | 7.2% | 64.3% | 20.7% |
| 2024-12-23 | 26W Bill | High investment rate: 4.319% | 2.87 | $72.0B | 2.5% | 73.3% | 20.1% |
| 2024-12-16 | 26W Bill | High investment rate: 4.309% | 3.29 | $72.0B | 11.0% | 65.9% | 20.0% |
26-Week Bill history page is not yet available · Official result document