Reopening

4-Week Treasury Bill auction result for February 5, 2026

The 4-Week Treasury Bill reopening held on February 5, 2026 recorded an official high rate of 3.691% and a bid-to-cover ratio of 2.85. Bid-to-cover decreased from 2.86 at the preceding comparable auction.

High investment rate

3.691%

Bid-to-cover

2.85

Direct bidders

3.0%

Primary dealers

23.0%

Comparable historical context

Official US Treasury auction results
Auction dateSeriesResultBid-to-coverOfferingDirectIndirectDealers
2026-02-054W Bill · reopeningHigh investment rate: 3.691%2.85$105.0B3.0%66.1%23.0%
2026-01-294W Bill · reopeningHigh investment rate: 3.691%2.86$105.0B4.4%69.3%18.4%
2026-01-224W Bill · reopeningHigh investment rate: 3.691%2.86$105.0B4.8%57.4%30.1%
2026-01-154W Bill · reopeningHigh investment rate: 3.655%2.92$95.0B3.7%62.6%24.8%
2026-01-084W Bill · reopeningHigh investment rate: 3.609%3.18$80.0B5.0%55.5%28.5%
2025-12-314W Bill · reopeningHigh investment rate: 3.650%2.90$80.0B4.6%52.0%34.0%
2025-12-244W Bill · reopeningHigh investment rate: 3.630%3.14$80.0B3.8%66.9%19.5%
2025-12-184W Bill · reopeningHigh investment rate: 3.640%3.28$80.0B4.4%64.3%20.9%
2025-12-114W Bill · reopeningHigh investment rate: 3.670%2.97$85.0B5.0%57.4%30.0%
2025-12-044W Bill · reopeningHigh investment rate: 3.742%2.69$90.0B6.1%48.6%35.4%
2025-11-264W Bill · reopeningHigh investment rate: 3.971%2.77$100.0B3.7%62.5%25.5%
2025-11-204W Bill · reopeningHigh investment rate: 3.956%2.75$110.0B4.4%61.4%26.9%
2025-11-134W Bill · reopeningHigh investment rate: 3.966%2.73$110.0B5.5%59.1%27.4%
2025-11-064W Bill · reopeningHigh investment rate: 3.940%2.73$110.0B4.4%56.9%30.8%
2025-10-304W Bill · reopeningHigh investment rate: 3.976%2.64$110.0B4.6%56.9%32.2%
2025-10-234W Bill · reopeningHigh investment rate: 4.012%2.73$110.0B3.3%60.4%28.4%
2025-10-164W Bill · reopeningHigh investment rate: 4.099%2.79$110.0B3.3%62.5%26.1%
2025-10-094W Bill · reopeningHigh investment rate: 4.099%2.92$110.0B5.5%56.8%29.7%
2025-10-024W Bill · reopeningHigh investment rate: 4.129%2.67$105.0B5.3%53.7%32.6%
2025-09-254W Bill · reopeningHigh investment rate: 4.150%2.61$100.0B5.4%52.3%35.6%
2025-09-184W Bill · reopeningHigh investment rate: 4.109%2.71$100.0B6.4%56.6%30.4%
2025-09-114W Bill · reopeningHigh investment rate: 4.129%2.64$100.0B4.4%59.6%29.3%
2025-09-044W Bill · reopeningHigh investment rate: 4.247%2.78$100.0B5.8%56.5%30.9%
2025-08-284W Bill · reopeningHigh investment rate: 4.318%2.68$100.0B5.3%56.9%29.0%

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

4-Week Treasury Bill Auction Result for February 5, 2026 | Squawkdeck