Reopening
8-Week Treasury Bill auction result for November 13, 2025
The 8-Week Treasury Bill reopening held on November 13, 2025 recorded an official high rate of 3.912% and a bid-to-cover ratio of 2.87. Bid-to-cover decreased from 2.90 at the preceding comparable auction.
High investment rate
3.912%
Bid-to-cover
2.87
Direct bidders
7.3%
Primary dealers
30.7%
Comparable historical context
| Auction date | Series | Result | Bid-to-cover | Offering | Direct | Indirect | Dealers |
|---|---|---|---|---|---|---|---|
| 2025-11-13 | 8W Bill · reopening | High investment rate: 3.912% | 2.87 | $95.0B | 7.3% | 58.1% | 30.7% |
| 2025-11-06 | 8W Bill · reopening | High investment rate: 3.891% | 2.90 | $95.0B | 4.1% | 61.3% | 30.4% |
| 2025-10-30 | 8W Bill · reopening | High investment rate: 3.968% | 2.88 | $95.0B | 3.7% | 62.4% | 31.8% |
| 2025-10-23 | 8W Bill · reopening | High investment rate: 3.978% | 2.77 | $95.0B | 3.6% | 59.2% | 35.2% |
| 2025-10-16 | 8W Bill · reopening | High investment rate: 4.040% | 2.91 | $95.0B | 3.6% | 63.9% | 30.6% |
| 2025-10-09 | 8W Bill · reopening | High investment rate: 4.035% | 2.88 | $95.0B | 3.1% | 59.7% | 33.3% |
| 2025-10-02 | 8W Bill · reopening | High investment rate: 4.040% | 3.01 | $90.0B | 3.9% | 65.9% | 28.2% |
| 2025-09-25 | 8W Bill · reopening | High investment rate: 4.081% | 2.65 | $85.0B | 6.0% | 59.7% | 32.6% |
| 2025-09-18 | 8W Bill · reopening | High investment rate: 4.045% | 2.76 | $85.0B | 7.4% | 57.2% | 33.6% |
| 2025-09-11 | 8W Bill · reopening | High investment rate: 4.081% | 2.81 | $85.0B | 5.5% | 64.5% | 27.9% |
| 2025-09-04 | 8W Bill · reopening | High investment rate: 4.184% | 2.79 | $85.0B | 6.9% | 53.2% | 37.9% |
| 2025-08-28 | 8W Bill · reopening | High investment rate: 4.230% | 2.92 | $85.0B | 4.5% | 62.1% | 31.1% |
| 2025-08-21 | 8W Bill · reopening | High investment rate: 4.307% | 2.71 | $85.0B | 5.5% | 65.2% | 27.1% |
| 2025-08-14 | 8W Bill · reopening | High investment rate: 4.271% | 2.72 | $85.0B | 4.5% | 53.0% | 40.3% |
| 2025-08-07 | 8W Bill · reopening | High investment rate: 4.322% | 3.16 | $85.0B | 3.7% | 70.0% | 24.2% |
| 2025-07-31 | 8W Bill · reopening | High investment rate: 4.379% | 2.52 | $85.0B | 5.2% | 51.7% | 40.9% |
| 2025-07-24 | 8W Bill · reopening | High investment rate: 4.353% | 2.63 | $85.0B | 6.7% | 57.1% | 31.5% |
| 2025-07-17 | 8W Bill · reopening | High investment rate: 4.358% | 2.60 | $80.0B | 4.7% | 51.1% | 41.6% |
| 2025-07-10 | 8W Bill · reopening | High investment rate: 4.363% | 2.86 | $70.0B | 6.9% | 50.9% | 39.1% |
| 2025-07-03 | 8W Bill · reopening | High investment rate: 4.389% | 3.10 | $45.0B | 5.9% | 49.4% | 39.5% |
| 2025-06-26 | 8W Bill · reopening | High investment rate: 4.482% | 3.24 | $50.0B | 10.8% | 50.2% | 33.4% |
| 2025-06-18 | 8W Bill · reopening | High investment rate: 4.564% | 2.70 | $55.0B | 8.5% | 39.2% | 45.3% |
| 2025-06-12 | 8W Bill · reopening | High investment rate: 4.471% | 2.67 | $55.0B | 8.9% | 33.3% | 54.6% |
| 2025-06-05 | 8W Bill · reopening | High investment rate: 4.312% | 3.38 | $55.0B | 3.5% | 56.2% | 37.1% |
8-Week Bill history page is not yet available · Official result document