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Friday, September 25, 2026

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Auctions · Friday, September 25, 2026

Treasury sells 4-week bills at 3.850%, 8-week at 3.990%, and 7-year notes at 5.085%

The File desk · Sep 25, 2026, 10:25 AM UTC

Status

Confirmed (TreasuryDirect result PDFs, Sept. 24, 2026)

On Thursday, Sept. 24, 2026, the Treasury sold 28-day bills that stopped at a 3.850% high discount rate (3.915% investment rate, CUSIP 912797VN4); 56-day bills that stopped at a 3.990% high discount rate (4.071% investment rate, CUSIP 912797VY0); and 7-year notes that stopped at a 5.085% high yield with a 5% coupon (CUSIP 91282CRM5, Series Q-2033).

On Thursday, Sept. 24, 2026, the Treasury sold 28-day bills, the 4-week slot.

Those bills stopped at a 3.850% high discount rate and a 3.915% investment rate. The CUSIP is 912797VN4. The result sheet lists an issue date of Sept. 29, 2026, and a maturity date of Oct. 27, 2026. The bid-to-cover ratio on the sheet is 2.61.

The 56-day bills, the 8-week slot, stopped at a 3.990% high discount rate and a 4.071% investment rate. The CUSIP is 912797VY0. Issue date Sept. 29, 2026. Maturity date Nov. 24, 2026. Bid-to-cover ratio 2.76.

Seven-year notes stopped at a 5.085% high yield with a 5% coupon and a price of 99.504596. The CUSIP is 91282CRM5, Series Q-2033. Issue date Sept. 30, 2026. Maturity date Sept. 30, 2033. Bid-to-cover ratio 2.42.

The sales run under the

.

The department’s usual auction-results web page returned an error to the desk. These figures are from the TreasuryDirect result PDFs for Sept. 24.

What is still unknown or disputed

Primary sources

Every claim in this story is drawn from the documents below. If a fetch failed, that is recorded on the card.

  1. Source 1

    Treasury Auction Results — 28-Day Bill (CUSIP 912797VN4)

    U.S. Treasury / TreasuryDirect · September 24, 2026

    Term and Type of Security 28-Day Bill. CUSIP Number 912797VN4. High Rate 3.850%. Investment Rate 3.915%. Issue Date September 29, 2026. Maturity Date October 27, 2026. Bid-to-Cover Ratio 2.61.

    https://www.treasurydirect.gov/instit/annceresult/press/preanre/2026/R_20260924_2.pdf

  2. Source 2

    Treasury Auction Results — 56-Day Bill (CUSIP 912797VY0)

    U.S. Treasury / TreasuryDirect · September 24, 2026

    Term and Type of Security 56-Day Bill. CUSIP Number 912797VY0. High Rate 3.990%. Investment Rate 4.071%. Issue Date September 29, 2026. Maturity Date November 24, 2026. Bid-to-Cover Ratio 2.76.

    https://www.treasurydirect.gov/instit/annceresult/press/preanre/2026/R_20260924_1.pdf

  3. Source 3

    Treasury Auction Results — 7-Year Note (CUSIP 91282CRM5)

    U.S. Treasury / TreasuryDirect · September 24, 2026

    Term and Type of Security 7-Year Note. CUSIP Number 91282CRM5. Series Q-2033. Interest Rate 5%. High Yield 5.085%. Price 99.504596. Issue Date September 30, 2026. Maturity Date September 30, 2033. Bid-to-Cover Ratio 2.42.

    https://www.treasurydirect.gov/instit/annceresult/press/preanre/2026/R_20260924_3.pdf