4-Week Bill reopening · 31 Dec 2025

CUSIP 912797SJ7 · results published

Offering
$80.0 B
Total tendered
$232.6 B
Total accepted
$80.3 B
Bid-to-cover
2.90×
High yield
3.590 %
Median yield
Indirect bidders
$41.76 B (57.4 %)
Direct bidders
$3.72 B (5.1 %)
Primary dealers
$27.27 B (37.5 %)
SOMA
$0.25 B
Tail vs when-issued
not computed
Issue date
6 Jan 2026

Provenance

Source record: https://api.fiscaldata.treasury.gov/services/api/fiscal_service/v1/accounting/od/auctions_query?filter=cusip:eq:912797SJ7,auction_date:eq:2025-12-31 · results PDF R_20251231_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
24 Dec 20253.14×21.7 %74.1 %
18 Dec 20253.28×23.3 %71.8 %
11 Dec 20252.97×32.5 %62.1 %
4 Dec 20252.69×39.3 %53.9 %
26 Nov 20252.77×27.8 %68.1 %
20 Nov 20252.75×29.0 %66.3 %
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 %
Auction 912797SJ7 · The Fiscal Desk