Release · 2026-11-04 to 2026-11-05

Treasury sold $115 billion of 4-week bills at a 3.890 percent high rate

Treasury auctioned $115 billion of 4-week bills on November 5 at a 3.890 percent high discount rate, down from 3.910 percent on October 29, a 2 basis point decline. The high investment rate was 3.956 percent, against 3.976 percent at the prior auction. Bid-to-cover was 2.46, against 3.10. Price per 100 was 99.697444. Total accepted was $123,295,885,700 and total tendered was $291,631,945,700. SOMA accepted $8,295,291,600. The share allotted at the high rate was 5.33 percent. The bills issue November 10 and mature December 8, 2026. The move is under the 10 basis point bar. Official Treasury print. No earlier slot today filed this auction.

Offering amount: $115,000,000,000 2026-11-05 · prior $115,000,000,000 (2026-10-29)
High discount rate: 3.89% 2026-11-05 · prior 3.91% (2026-10-29)
High investment rate: 3.96% 2026-11-05 · prior 3.98% (2026-10-29)
Bid-to-cover ratio: 2.46 2026-11-05 · prior 3.10 (2026-10-29)
Price per 100: 99.697 2026-11-05 · prior 99.696 (2026-10-29)
Total accepted: $123,295,885,700 2026-11-05 · prior $120,859,718,900 (2026-10-29)
Total tendered: $291,631,945,700 2026-11-05 · prior $362,286,591,900 (2026-10-29)
SOMA accepted: $8,295,291,600 2026-11-05 · prior $5,859,394,300 (2026-10-29)
Share allotted at the high rate: 5.33% 2026-11-05 · prior 16.96% (2026-10-29)

4-week bill high discount rate. U.S. Treasury auction results, October 29 and November 5, 2026. Share card.

Source: Treasury auction results, 4-week bill, November 5, 2026 — U.S. Department of the Treasury, TreasuryDirect. Also: Treasury auction results press release, 4-week bill, November 5, 2026, Treasury auction results, 4-week bill, October 29, 2026.

all 9 figures found at the source

found Offering amount = $115,000,000,000 — at U.S. Department of the Treasury, TreasuryDirect
found High discount rate = 3.89% — at U.S. Department of the Treasury, TreasuryDirect
found High investment rate = 3.96% — at U.S. Department of the Treasury, TreasuryDirect
found Bid-to-cover ratio = 2.46 — at U.S. Department of the Treasury, TreasuryDirect
found Price per 100 = 99.697 — at U.S. Department of the Treasury, TreasuryDirect
found Total accepted = $123,295,885,700 — at U.S. Department of the Treasury, TreasuryDirect
found Total tendered = $291,631,945,700 — at U.S. Department of the Treasury, TreasuryDirect
found SOMA accepted = $8,295,291,600 — at U.S. Department of the Treasury, TreasuryDirect
found Share allotted at the high rate = 5.33% — at U.S. Department of the Treasury, TreasuryDirect

Researched by Grok, checked against each source by an automated pass, edited by FEDPOLICY.ORG. Published Nov 5, 2026.

This page is one print. The daily brief for November 5, 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.