For Immediate Release
April 14, 2026

CONTACT: Treasury Auctions
202-504-3550

TREASURY AUCTION RESULTS
Term and Type of Security
CUSIP Number
High Rate 1
Allotted at High
Price
Investment Rate 2

3.560%
62.43%
96.400444
3.710%

Median Rate 3
Low Rate 4

3.510%
3.300%

Issue Date
Maturity Date

April 16, 2026
April 15, 2027
Tendered
$159,468,039,000
$1,018,950,300
$0
$160,486,989,300

Accepted
$48,981,167,000
$1,018,950,300
$0
$50,000,117,3006

SOMA

$1,974,459,100

$1,974,459,100

Total

$162,461,448,400

$51,974,576,400

Primary Dealer 7
Direct Bidder 7
Indirect Bidder 7
Total Competitive

Tendered
$106,180,000,000
$3,895,000,000
$49,393,039,000
$159,468,039,000

Accepted
$19,124,627,500
$2,541,850,500
$27,314,689,000
$48,981,167,000

Competitive
Noncompetitive
FIMA (Noncompetitive)
Subtotal 5

1

364-Day Bill
912797UE5

All tenders at lower rates were accepted in full.
Equivalent coupon-issue yield.
3
50% of the amount of accepted competitive tenders was tendered at or below that rate.
4
5% of the amount of accepted competitive tenders was tendered at or below that rate.
5
Bid-to-Cover Ratio: $160,486,989,300/$50,000,117,300 = 3.21
6
Awards to Treasury Retail = $477,675,300.
7
For descriptions of these terms, see the Auction FAQs available at https://www.treasurydirect.gov/help-center/faqs/auction-faqs/.
2