---
source: U.S. Department of the Treasury
url: https://www.treasurydirect.gov/instit/annceresult/press/preanre/2026/R_20260414_1.pdf
document_type: pdf
date_retrieved: 2026-04-14T16:23:54Z
period: Week of April 13, 2026 (52-Week Bill Auction date: April 14, 2026)
parent_publication: 52-Week Bill Auction Results
indicators_covered: ["52 Week Bill Yield"]
---

# 52-Week Bill Auction Results — April 14, 2026

                 For Immediate Release                                                                        CONTACT: Treasury Auctions
                 April 14, 2026                                                                                        202-504-3550

                                                        TREASURY AUCTION RESULTS
                            Term and Type of Security                                                                        364-Day Bill
                            CUSIP Number                                                                                      912797UE5

                            High Rate 1                                                                                            3.560%
                            Allotted at High                                                                                       62.43%
                            Price                                                                                               96.400444
                            Investment Rate 2                                                                                      3.710%

                            Median Rate 3                                                                                             3.510%
                            Low Rate 4                                                                                                3.300%

                            Issue Date                                                                                     April 16, 2026
                            Maturity Date                                                                                  April 15, 2027

                                                                                        Tendered                                          Accepted
                 Competitive                                                        $159,468,039,000                                   $48,981,167,000
                 Noncompetitive                                                       $1,018,950,300                                    $1,018,950,300
                 FIMA (Noncompetitive)                                                            $0                                                $0
                 Subtotal 5                                                         $160,486,989,300                                  $50,000,117,3006

                 SOMA                                                                   $1,974,459,100                                 $1,974,459,100

                 Total                                                              $162,461,448,400                                  $51,974,576,400

                                                                                        Tendered                                         Accepted
                 Primary Dealer 7                                                   $106,180,000,000                                  $19,124,627,500
                 Direct Bidder 7                                                      $3,895,000,000                                   $2,541,850,500
                 Indirect Bidder 7                                                   $49,393,039,000                                  $27,314,689,000
                 Total Competitive                                                  $159,468,039,000                                  $48,981,167,000




1
  All tenders at lower rates were accepted in full.
2
  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/.

