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Release · 2026-09-23 to 2026-09-23

Treasury sold $72 billion of 17-week bills at a 4.135 percent high rate

The Treasury Department's 17-week bill auction on September 23 sold $72 billion of 119-day bills (CUSIP 912797WR4) at a high discount rate of 4.135 percent and an investment rate of 4.251 percent. Bid-to-cover was 2.81. Price was 98.633153. Total tenders were $208,245,773,100 and total accepted $77,951,525,600, including $5,951,254,800 accepted by SOMA outside the offering. Last Wednesday's 17-week bill (CUSIP 912797WQ6) stopped at a 4.030 percent high discount rate and a 4.141 percent investment rate, with bid-to-cover 2.72. The new bills issue September 29 and mature January 26, 2027.

Offering amount
$72,000,000,000 2026-09-23
High discount rate
4.13% 2026-09-23 · prior 4.03% (2026-09-16)
High investment rate
4.25% 2026-09-23 · prior 4.14% (2026-09-16)
Bid-to-cover ratio
2.81 2026-09-23 · prior 2.72 (2026-09-16)
Price per 100
98.633 2026-09-23
Total accepted
$77,951,525,600 2026-09-23
Total tendered
$208,245,773,100 2026-09-23
SOMA accepted
$5,951,254,800 2026-09-23
Share allotted at the high rate
40.67% 2026-09-23

Source: Treasury auction results, 17-week bill, September 23, 2026 — U.S. Department of the Treasury, TreasuryDirect. Also: Treasury auction results, 17-week bill, September 16, 2026.

all 9 figures found at the source
  • found Offering amount = $72,000,000,000 — at U.S. Department of the Treasury, TreasuryDirect
  • found High discount rate = 4.13% — at U.S. Department of the Treasury, TreasuryDirect
  • found High investment rate = 4.25% — at U.S. Department of the Treasury, TreasuryDirect
  • found Bid-to-cover ratio = 2.81 — at U.S. Department of the Treasury, TreasuryDirect
  • found Price per 100 = 98.633 — at U.S. Department of the Treasury, TreasuryDirect
  • found Total accepted = $77,951,525,600 — at U.S. Department of the Treasury, TreasuryDirect
  • found Total tendered = $208,245,773,100 — at U.S. Department of the Treasury, TreasuryDirect
  • found SOMA accepted = $5,951,254,800 — at U.S. Department of the Treasury, TreasuryDirect
  • found Share allotted at the high rate = 40.67% — at U.S. Department of the Treasury, TreasuryDirect

Related: Total public debt outstanding

Researched by Grok, checked against each source by an automated pass, edited by Clem Ziroli III. Published Sep 23, 2026.

This page is one print. The daily brief for September 23, 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.