Reopening

8-Week Treasury Bill auction result for September 11, 2025

The 8-Week Treasury Bill reopening held on September 11, 2025 recorded an official high rate of 4.081% and a bid-to-cover ratio of 2.81. Bid-to-cover increased from 2.79 at the preceding comparable auction.

High investment rate

4.081%

Bid-to-cover

2.81

Direct bidders

5.5%

Primary dealers

27.9%

Comparable historical context

Official US Treasury auction results
Auction dateSeriesResultBid-to-coverOfferingDirectIndirectDealers
2025-09-118W Bill · reopeningHigh investment rate: 4.081%2.81$85.0B5.5%64.5%27.9%
2025-09-048W Bill · reopeningHigh investment rate: 4.184%2.79$85.0B6.9%53.2%37.9%
2025-08-288W Bill · reopeningHigh investment rate: 4.230%2.92$85.0B4.5%62.1%31.1%
2025-08-218W Bill · reopeningHigh investment rate: 4.307%2.71$85.0B5.5%65.2%27.1%
2025-08-148W Bill · reopeningHigh investment rate: 4.271%2.72$85.0B4.5%53.0%40.3%
2025-08-078W Bill · reopeningHigh investment rate: 4.322%3.16$85.0B3.7%70.0%24.2%
2025-07-318W Bill · reopeningHigh investment rate: 4.379%2.52$85.0B5.2%51.7%40.9%
2025-07-248W Bill · reopeningHigh investment rate: 4.353%2.63$85.0B6.7%57.1%31.5%
2025-07-178W Bill · reopeningHigh investment rate: 4.358%2.60$80.0B4.7%51.1%41.6%
2025-07-108W Bill · reopeningHigh investment rate: 4.363%2.86$70.0B6.9%50.9%39.1%
2025-07-038W Bill · reopeningHigh investment rate: 4.389%3.10$45.0B5.9%49.4%39.5%
2025-06-268W Bill · reopeningHigh investment rate: 4.482%3.24$50.0B10.8%50.2%33.4%
2025-06-188W Bill · reopeningHigh investment rate: 4.564%2.70$55.0B8.5%39.2%45.3%
2025-06-128W Bill · reopeningHigh investment rate: 4.471%2.67$55.0B8.9%33.3%54.6%
2025-06-058W Bill · reopeningHigh investment rate: 4.312%3.38$55.0B3.5%56.2%37.1%
2025-05-298W Bill · reopeningHigh investment rate: 4.312%3.07$65.0B4.4%62.3%30.7%
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%

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

8-Week Treasury Bill Auction Result for September 11, 2025 | Squawkdeck