Release · 2026-09-21 to 2026-09-21

Treasury sold $92 billion of 13-week bills at a 4.015 percent high rate

The Treasury Department's 13-week bill auction on September 21 sold $92 billion of 91-day bills (CUSIP 912797TC1) at a high discount rate of 4.015 percent and an investment rate of 4.113 percent. Bid-to-cover was 2.77. Price was 98.985097. Total tenders were $260,775,531,200 and total accepted $98,214,282,200, including $6,214,225,000 accepted by SOMA outside the offering. Last Monday's 13-week bill stopped at a 3.970 percent high discount rate and a 4.066 percent investment rate, with bid-to-cover 2.64. The new bills issue September 24 and mature December 24, 2026.

Offering amount: $92,000,000,000 2026-09-21
High discount rate: 4.01% 2026-09-21 · prior 3.97% (2026-09-14)
High investment rate: 4.11% 2026-09-21 · prior 4.07% (2026-09-14)
Bid-to-cover ratio: 2.77 2026-09-21 · prior 2.64 (2026-09-14)
Price per 100: 98.985 2026-09-21
Total accepted: $98,214,282,200 2026-09-21
Total tendered: $260,775,531,200 2026-09-21
SOMA accepted: $6,214,225,000 2026-09-21
Share allotted at the high rate: 36.66% 2026-09-21

Source: Treasury auction results, 13-week bill, September 21, 2026 — U.S. Department of the Treasury, TreasuryDirect. Also: Treasury auction results, 13-week bill, September 14, 2026.

all 9 figures found at the source

found Offering amount = $92,000,000,000 — at U.S. Department of the Treasury, TreasuryDirect
found High discount rate = 4.01% — at U.S. Department of the Treasury, TreasuryDirect
found High investment rate = 4.11% — at U.S. Department of the Treasury, TreasuryDirect
found Bid-to-cover ratio = 2.77 — at U.S. Department of the Treasury, TreasuryDirect
found Price per 100 = 98.985 — at U.S. Department of the Treasury, TreasuryDirect
found Total accepted = $98,214,282,200 — at U.S. Department of the Treasury, TreasuryDirect
found Total tendered = $260,775,531,200 — at U.S. Department of the Treasury, TreasuryDirect
found SOMA accepted = $6,214,225,000 — at U.S. Department of the Treasury, TreasuryDirect
found Share allotted at the high rate = 36.66% — at U.S. Department of the Treasury, TreasuryDirect

Researched by Grok, checked against each source by an automated pass, edited by Clem Ziroli III. Published Sep 21, 2026.

This page is one print. The daily brief for September 21, 2026 is the editor's cut of what mattered that day. Figures are as the named sources printed them. The methodology says how this page is made and what is checked.