Auction result
26-Week Treasury Bill auction result for January 26, 2026
The 26-Week Treasury Bill held on January 26, 2026 recorded an official high rate of 3.639% and a bid-to-cover ratio of 3.07. Bid-to-cover increased from 2.95 at the preceding comparable auction.
High investment rate
3.639%
Bid-to-cover
3.07
Direct bidders
8.0%
Primary dealers
22.3%
Comparable historical context
| Auction date | Series | Result | Bid-to-cover | Offering | Direct | Indirect | Dealers |
|---|---|---|---|---|---|---|---|
| 2026-01-26 | 26W Bill | High investment rate: 3.639% | 3.07 | $77.0B | 8.0% | 62.4% | 22.3% |
| 2026-01-20 | 26W Bill | High investment rate: 3.634% | 2.95 | $77.0B | 5.8% | 57.5% | 30.0% |
| 2026-01-12 | 26W Bill | High investment rate: 3.602% | 3.17 | $77.0B | 9.3% | 65.2% | 19.8% |
| 2026-01-05 | 26W Bill · reopening | High investment rate: 3.586% | 3.28 | $77.0B | 11.0% | 58.6% | 23.5% |
| 2025-12-29 | 26W Bill | High investment rate: 3.612% | 2.52 | $77.0B | 8.0% | 39.1% | 45.4% |
| 2025-12-22 | 26W Bill | High investment rate: 3.596% | 3.18 | $77.0B | 6.0% | 68.3% | 19.5% |
| 2025-12-15 | 26W Bill | High investment rate: 3.607% | 2.84 | $77.0B | 8.4% | 53.0% | 33.2% |
| 2025-12-08 | 26W Bill · reopening | High investment rate: 3.697% | 3.01 | $77.0B | 9.7% | 56.1% | 27.8% |
| 2025-12-01 | 26W Bill | High investment rate: 3.754% | 3.02 | $77.0B | 10.3% | 65.9% | 19.2% |
| 2025-11-24 | 26W Bill | High investment rate: 3.791% | 2.77 | $77.0B | 8.9% | 56.0% | 28.8% |
| 2025-11-17 | 26W Bill | High investment rate: 3.833% | 2.80 | $77.0B | 8.5% | 56.8% | 28.2% |
| 2025-11-10 | 26W Bill · reopening | High investment rate: 3.812% | 2.95 | $77.0B | 8.0% | 54.6% | 29.5% |
| 2025-11-03 | 26W Bill | High investment rate: 3.823% | 2.92 | $77.0B | 9.1% | 61.7% | 22.6% |
| 2025-10-27 | 26W Bill | High investment rate: 3.760% | 3.06 | $77.0B | 7.2% | 65.4% | 20.5% |
| 2025-10-20 | 26W Bill | High investment rate: 3.781% | 3.02 | $77.0B | 8.5% | 62.2% | 24.2% |
| 2025-10-14 | 26W Bill · reopening | High investment rate: 3.807% | 2.95 | $77.0B | 7.7% | 66.4% | 20.8% |
| 2025-10-06 | 26W Bill | High investment rate: 3.818% | 3.04 | $75.0B | 8.6% | 58.5% | 26.3% |
| 2025-09-29 | 26W Bill | High investment rate: 3.839% | 3.00 | $73.0B | 7.7% | 61.4% | 23.5% |
| 2025-09-22 | 26W Bill | High investment rate: 3.828% | 3.01 | $73.0B | 9.5% | 61.6% | 23.1% |
| 2025-09-15 | 26W Bill · reopening | High investment rate: 3.839% | 3.09 | $73.0B | 6.6% | 63.7% | 24.9% |
| 2025-09-08 | 26W Bill | High investment rate: 3.854% | 3.17 | $73.0B | 9.0% | 63.8% | 21.3% |
| 2025-09-02 | 26W Bill | High investment rate: 4.013% | 2.70 | $73.0B | 10.5% | 52.4% | 32.8% |
| 2025-08-25 | 26W Bill | High investment rate: 4.050% | 3.36 | $73.0B | 13.2% | 64.9% | 15.3% |
| 2025-08-18 | 26W Bill · reopening | High investment rate: 4.081% | 2.95 | $73.0B | 9.5% | 61.5% | 22.0% |
26-Week Bill history page is not yet available · Official result document