For Immediate Release
May 05, 2026

CONTACT: Treasury Auctions
202-504-3550

TREASURY AUCTION RESULTS
Term and Type of Security
CUSIP Number

42-Day Bill
912797TD9

High Rate 1
Allotted at High
Price
Investment Rate 2

3.595%
58.71%
99.580583
3.660%

Median Rate 3
Low Rate 4

3.560%
3.400%

Issue Date
Maturity Date

May 07, 2026
June 18, 2026
Tendered
$228,165,618,200
$1,413,977,600
$600,000,000
$230,179,595,800

Accepted
$72,986,150,000
$1,413,977,600
$600,000,000
$75,000,127,6006

SOMA

$4,754,562,200

$4,754,562,200

Total

$234,934,158,000

$79,754,689,800

Primary Dealer 7
Direct Bidder 7
Indirect Bidder 7
Total Competitive

Tendered
$155,155,000,000
$8,635,000,000
$64,375,618,200
$228,165,618,200

Accepted
$21,162,420,000
$5,035,000,000
$46,788,730,000
$72,986,150,000

Competitive
Noncompetitive
FIMA (Noncompetitive)
Subtotal 5

1

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: $230,179,595,800/$75,000,127,600 = 3.07
6
Awards to Treasury Retail = $783,971,600.
7
For descriptions of these terms, see the Auction FAQs available at https://www.treasurydirect.gov/help-center/faqs/auction-faqs/.
2