Auction result
52-Week Treasury Bill auction result for January 20, 2026
The 52-Week Treasury Bill held on January 20, 2026 recorded an official high rate of 3.528% and a bid-to-cover ratio of 3.42. Bid-to-cover decreased from 3.74 at the preceding comparable auction.
High investment rate
3.528%
Bid-to-cover
3.42
Direct bidders
2.1%
Primary dealers
23.5%
Comparable historical context
| Auction date | Series | Result | Bid-to-cover | Offering | Direct | Indirect | Dealers |
|---|---|---|---|---|---|---|---|
| 2026-01-20 | 52W Bill | High investment rate: 3.528% | 3.42 | $50.0B | 2.1% | 66.9% | 23.5% |
| 2025-12-23 | 52W Bill | High investment rate: 3.517% | 3.74 | $50.0B | 2.8% | 60.2% | 30.8% |
| 2025-11-25 | 52W Bill | High investment rate: 3.603% | 3.08 | $50.0B | 3.3% | 64.7% | 26.0% |
| 2025-10-28 | 52W Bill | High investment rate: 3.587% | 3.21 | $50.0B | 4.1% | 49.8% | 39.2% |
| 2025-09-30 | 52W Bill | High investment rate: 3.688% | 2.92 | $50.0B | 4.0% | 51.3% | 37.7% |
| 2025-09-02 | 52W Bill | High investment rate: 3.817% | 3.82 | $50.0B | 2.2% | 78.9% | 14.8% |
| 2025-08-05 | 52W Bill | High investment rate: 3.924% | 2.85 | $50.0B | 4.5% | 52.4% | 35.8% |
| 2025-07-08 | 52W Bill | High investment rate: 4.102% | 3.23 | $50.0B | 4.5% | 58.4% | 29.5% |
| 2025-06-10 | 52W Bill | High investment rate: 4.118% | 3.22 | $48.0B | 3.0% | 68.9% | 22.7% |
| 2025-05-13 | 52W Bill | High investment rate: 4.107% | 3.31 | $48.0B | 1.8% | 69.3% | 18.9% |
| 2025-04-15 | 52W Bill | High investment rate: 3.989% | 2.94 | $48.0B | 2.5% | 64.3% | 26.4% |
| 2025-03-18 | 52W Bill | High investment rate: 4.124% | 3.13 | $48.0B | 1.9% | 56.4% | 38.9% |
| 2025-02-18 | 52W Bill | High investment rate: 4.237% | 3.03 | $48.0B | 1.6% | 61.5% | 29.4% |
| 2025-01-21 | 52W Bill | High investment rate: 4.210% | 3.14 | $48.0B | 1.7% | 63.2% | 27.1% |
| 2024-12-23 | 52W Bill | High investment rate: 4.259% | 3.37 | $48.0B | 1.1% | 72.9% | 21.7% |
| 2024-11-26 | 52W Bill | High investment rate: 4.388% | 3.26 | $48.0B | 2.5% | 58.6% | 30.0% |
| 2024-10-29 | 52W Bill | High investment rate: 4.291% | 3.05 | $48.0B | 3.7% | 50.6% | 34.5% |
| 2024-10-01 | 52W Bill | High investment rate: 3.946% | 3.45 | $48.0B | 2.7% | 53.3% | 36.1% |
| 2024-09-03 | 52W Bill | High investment rate: 4.345% | 3.00 | $46.0B | 2.1% | 62.6% | 31.4% |
| 2024-08-06 | 52W Bill | High investment rate: 4.458% | 2.93 | $46.0B | 2.2% | 49.1% | 38.4% |
| 2024-07-09 | 52W Bill | High investment rate: 5.024% | 2.85 | $46.0B | 2.8% | 47.6% | 41.0% |
| 2024-06-11 | 52W Bill | High investment rate: 5.177% | 2.87 | $46.0B | 3.0% | 45.7% | 45.9% |
| 2024-05-14 | 52W Bill | High investment rate: 5.155% | 3.00 | $46.0B | 2.7% | 59.9% | 25.3% |
| 2024-04-16 | 52W Bill | High investment rate: 5.177% | 2.88 | $46.0B | 2.1% | 59.4% | 28.7% |
52-Week Bill history page is not yet available · Official result document