---
source: U.S. Department of the Treasury
url: https://www.treasurydirect.gov
document_type: json (API)
date_retrieved: 2026-05-04
period: 2026-05-04 (auction date)
parent_publication: TreasuryDirect Bill Auction Results
indicators_covered: ["13-Week Bill Yield", "6-Month Bill Yield"]
---

# Treasury Bill Auction Results - 2026-05-04

## Overview

The TreasuryDirect API returned results for multiple bill terms. The table below summarizes the key auction metrics for the 13-Week and 26-Week bills:

| Term | CUSIP | Offering Amount | High Discount Rate | High Investment Rate | Bid-to-Cover | Total Tendered |
|------|-------|-----------------:|-------------------:|--------------------:|-------------:|---------------:|
| 13-Week | 912797RG4 | $89,000,000,000 | 3.610000% | 3.694000% | 2.760000 | $251,590,497,700 |
| 26-Week | 912797UM7 | $77,000,000,000 | 3.610000% | 3.728000% | 2.790000 | $219,454,791,500 |

## Detailed Results

### 13-Week Bill

- **Security Type:** Bill
- **Security Term:** 13-Week (91-Day)
- **Issue Date:** 2026-05-07
- **Maturity Date:** 2026-08-06
- **Announcement Date:** 2026-04-30
- **Auction Date:** 2026-05-04
- **Offering Amount:** $89,000,000,000
- **Total Tendered:** $251,590,497,700
- **Total Accepted:** $94,642,117,700
- **Competitive Tenders Accepted:** $87,061,945,800
- **Noncompetitive Accepted:** $1,838,091,400
- **Primary Dealer Accepted:** $37,246,135,000
- **Indirect Bidder Accepted:** $42,893,325,800
- **Direct Bidder Accepted:** $6,922,485,000
- **High Discount Rate:** 3.610000%
- **High Investment Rate:** 3.694000%
- **High Price:** 99.087472
- **Low Discount Rate:** 3.500000%
- **Bid-to-Cover Ratio:** 2.760000
- **PDF Filename (Competitive Results):** R_20260504_1.pdf

### 26-Week Bill

- **Security Type:** Bill
- **Security Term:** 26-Week (182-Day)
- **Issue Date:** 2026-05-07
- **Maturity Date:** 2026-11-05
- **Announcement Date:** 2026-04-30
- **Auction Date:** 2026-05-04
- **Offering Amount:** $77,000,000,000
- **Total Tendered:** $219,454,791,500
- **Total Accepted:** $81,881,948,800
- **Competitive Tenders Accepted:** $75,314,905,300
- **Noncompetitive Accepted:** $1,585,693,000
- **Primary Dealer Accepted:** $26,994,360,000
- **Indirect Bidder Accepted:** $40,584,530,300
- **Direct Bidder Accepted:** $7,736,015,000
- **High Discount Rate:** 3.610000%
- **High Investment Rate:** 3.728000%
- **High Price:** 98.174944
- **Low Discount Rate:** 3.500000%
- **Bid-to-Cover Ratio:** 2.790000
- **PDF Filename (Competitive Results):** R_20260504_2.pdf

---

*Source: U.S. Department of the Treasury, TreasuryDirect TA_WS API*
*All values retrieved directly from the JSON response.*