Reopening

13-Week Treasury Bill auction result for November 24, 2025

The 13-Week Treasury Bill reopening held on November 24, 2025 recorded an official high rate of 3.833% and a bid-to-cover ratio of 2.85. Bid-to-cover increased from 2.79 at the preceding comparable auction.

High investment rate

3.833%

Bid-to-cover

2.85

Direct bidders

6.3%

Primary dealers

27.9%

Comparable historical context

Official US Treasury auction results
Auction dateSeriesResultBid-to-coverOfferingDirectIndirectDealers
2025-11-2413W Bill · reopeningHigh investment rate: 3.833%2.85$86.0B6.3%59.4%27.9%
2025-11-1713W Bill · reopeningHigh investment rate: 3.885%2.79$86.0B6.8%49.3%35.0%
2025-11-1013W Bill · reopeningHigh investment rate: 3.869%2.83$86.0B5.5%54.0%32.3%
2025-11-0313W Bill · reopeningHigh investment rate: 3.906%2.62$86.0B5.9%43.3%42.1%
2025-10-2713W Bill · reopeningHigh investment rate: 3.818%3.07$86.0B4.8%64.6%23.2%
2025-10-2013W Bill · reopeningHigh investment rate: 3.900%3.01$86.0B5.1%56.4%32.8%
2025-10-1413W Bill · reopeningHigh investment rate: 3.937%2.88$86.0B5.9%60.4%28.2%
2025-10-0613W Bill · reopeningHigh investment rate: 3.942%2.91$84.0B5.6%53.3%34.1%
2025-09-2913W Bill · reopeningHigh investment rate: 3.953%2.74$82.0B6.5%54.4%31.6%
2025-09-2213W Bill · reopeningHigh investment rate: 3.953%3.33$82.0B6.0%69.6%18.1%
2025-09-1513W Bill · reopeningHigh investment rate: 3.999%3.11$82.0B6.2%60.7%27.5%
2025-09-0813W Bill · reopeningHigh investment rate: 4.035%2.81$82.0B7.9%51.9%34.3%
2025-09-0213W Bill · reopeningHigh investment rate: 4.144%2.96$82.0B6.9%61.7%26.8%
2025-08-2513W Bill · reopeningHigh investment rate: 4.201%3.07$82.0B6.6%59.8%27.0%
2025-08-1813W Bill · reopeningHigh investment rate: 4.232%2.70$82.0B7.9%55.6%29.5%
2025-08-1113W Bill · reopeningHigh investment rate: 4.252%2.64$82.0B5.1%52.6%33.4%
2025-08-0413W Bill · reopeningHigh investment rate: 4.268%3.17$82.0B6.6%63.7%21.9%
2025-07-2813W Bill · reopeningHigh investment rate: 4.340%3.21$82.0B5.4%66.0%20.3%
2025-07-2113W Bill · reopeningHigh investment rate: 4.345%2.98$82.0B6.2%58.1%29.2%
2025-07-1413W Bill · reopeningHigh investment rate: 4.351%3.10$82.0B5.5%57.6%29.9%
2025-07-0713W Bill · reopeningHigh investment rate: 4.361%2.75$82.0B5.7%59.4%27.1%
2025-06-3013W Bill · reopeningHigh investment rate: 4.340%3.04$79.0B6.8%65.3%19.2%
2025-06-2313W Bill · reopeningHigh investment rate: 4.299%3.49$76.0B6.4%75.7%11.0%
2025-06-1613W Bill · reopeningHigh investment rate: 4.345%2.99$76.0B7.8%59.3%27.3%

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

13-Week Treasury Bill Auction Result for November 24, 2025 | Squawkdeck