4-Week Bill reopening · 20 Nov 2025

CUSIP 912797RY5 · results published

Offering
$110.0 B
Total tendered
$302.8 B
Total accepted
$110.3 B
Bid-to-cover
2.75×
High yield
3.890 %
Median yield
Indirect bidders
$67.72 B (66.3 %)
Direct bidders
$4.87 B (4.8 %)
Primary dealers
$29.64 B (29.0 %)
SOMA
$0.30 B
Tail vs when-issued
not computed
Issue date
25 Nov 2025

Provenance

Source record: https://api.fiscaldata.treasury.gov/services/api/fiscal_service/v1/accounting/od/auctions_query?filter=cusip:eq:912797RY5,auction_date:eq:2025-11-20 · results PDF R_20251120_1.pdf

Snapshot 6b6428474d32 fetched Tue 22 Sept 2026, 10:50 am ET from https://api.fiscaldata.treasury.gov/services/api/fiscal_service/v1/accounting/od/auctions_query?filter=auction_date%3Agte%3A2019-01-01&sort=-auction_date&page%5Bsize%5D=10000&page%5Bnumber%5D=1

Previous 4-Week auctions

DateBid-to-coverDealersIndirectsHigh yield
13 Nov 20252.73×29.8 %64.3 %
6 Nov 20252.73×33.4 %61.8 %
30 Oct 20252.64×34.4 %60.7 %
23 Oct 20252.73×30.9 %65.6 %
16 Oct 20252.79×28.4 %68.0 %
9 Oct 20252.92×32.3 %61.8 %
2 Oct 20252.67×35.6 %58.6 %
25 Sept 20252.61×38.2 %56.0 %
18 Sept 20252.71×32.5 %60.6 %
11 Sept 20252.64×31.4 %63.8 %
4 Sept 20252.78×33.2 %60.7 %
28 Aug 20252.68×31.8 %62.4 %
Auction 912797RY5 · The Fiscal Desk