---
source: U.S. Department of the Treasury
url: https://www.treasurydirect.gov/TA_WS/securities/search?auctionDate=2026-04-16&type=Bill&format=json
document_type: json
date_retrieved: 2026-04-16T15:54:00Z
period: April 16, 2026
parent_publication: Treasury Bill Auction Results
indicators_covered: [4-Week Bill Yield (Discount Rate), 8-Week Bill Yield (Discount Rate)]
---

# Treasury Bill Auction Results — April 16, 2026

## Summary

| Security | CUSIP | Auction Date | Issue Date | Maturity | High Discount Rate | High Investment Rate | Bid-to-Cover | Offering Amount | Total Accepted |
|----------|-------|--------------|------------|----------|--------------------|----------------------|---------------|-----------------|----------------|
| 8-Week Bill | 912797UA3 | 2026-04-16 | 2026-04-21 | 2026-06-16 | 3.615000% | 3.686000% | 3.220000 | $75000000000 | $75539303800 |
| 4-Week Bill | 912797TS6 | 2026-04-16 | 2026-04-21 | 2026-05-19 | 3.595000% | 3.655000% | 3.120000 | $80000000000 | $80575069300 |

## Detailed Results
### 8-Week Bill
- **CUSIP:** 912797UA3
- **Security Type:** Bill, Term: 8-Week (8-Week, 56-Day)
- **Auction Date:** 2026-04-16T00:00:00
- **Issue Date:** 2026-04-21T00:00:00
- **Maturity Date:** 2026-06-16T00:00:00
- **High Discount Rate:** 3.615000%
- **High Investment Rate:** 3.686000%
- **High Price:** 99.437667
- **Bid-to-Cover Ratio:** 3.220000
- **Offering Amount:** $75000000000
- **Total Accepted:** $75539303800
- **Competitive Tendered:** $238097854000
- **Competitive Accepted:** $71626094900
- **Noncompetitive Accepted:** $1374271700
- **Direct Bidders Accepted:** $1811725000 (Tendered: $5050000000)
- **Indirect Bidders Accepted:** $44742874900 (Tendered: $78957854000)
- **FIMA Included:** Yes
- **Auction Format:** Single-Price
- **Closing Times:** Competitive 11:30 AM, Noncompetitive 11:00 AM

### 4-Week Bill
- **CUSIP:** 912797TS6
- **Security Type:** Bill, Term: 4-Week (4-Week, 28-Day)
- **Auction Date:** 2026-04-16T00:00:00
- **Issue Date:** 2026-04-21T00:00:00
- **Maturity Date:** 2026-05-19T00:00:00
- **High Discount Rate:** 3.595000%
- **High Investment Rate:** 3.655000%
- **High Price:** 99.720389
- **Bid-to-Cover Ratio:** 3.120000
- **Offering Amount:** $80000000000
- **Total Accepted:** $80575069300
- **Competitive Tendered:** $241146281700
- **Competitive Accepted:** $71902144200
- **Noncompetitive Accepted:** $6098058800
- **Direct Bidders Accepted:** $918125000 (Tendered: $4300000000)
- **Indirect Bidders Accepted:** $56359019200 (Tendered: $78866281700)
- **FIMA Included:** Yes
- **Auction Format:** Single-Price
- **Closing Times:** Competitive 11:30 AM, Noncompetitive 11:00 AM

*Data retrieved from TreasuryDirect API (JSON) on 2026-04-16. Values represent the high discount rate (primary) and investment rate for each bill.*