The 3-Month Bill Auction is a weekly sale of short-term U.S. Treasury bills with a maturity of 13 weeks. These bills are sold at a discount to their face value and do not pay regular interest. They are considered one of the safest investments in the world and serve as a key benchmark for short-term interest rates. The auction results provide insight into the liquidity levels in the financial system and investor sentiment regarding near-term monetary policy.
Treasury bills are auctioned on a discount basis. The discount rate and investment yield are determined by competitive bidding, where the highest discount rate that allows the Treasury to sell the desired amount becomes the rate for all successful bidders.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Aug 28, 2026 | 1.08 | — | — |
| Aug 21, 2026 | 1.08 | — | — |
| Aug 14, 2026 | 1.09 | — | — |
| Aug 7, 2026 | 1.07 | — | — |
| Aug 6, 2026 | 1.18 | — | — |
| Jul 30, 2026 | 1.00 | — | — |
| Jul 24, 2026 | 0.99 | — | — |
| Jul 17, 2026 | 0.96 | — | — |
| Jul 10, 2026 | 0.94 | — | — |
| Jul 8, 2026 | 1.01 | — | — |
| Jul 3, 2026 | 0.91 | — | — |
| Jun 26, 2026 | 0.91 | — | — |
| Jun 19, 2026 | 0.91 | — | — |
| Jun 12, 2026 | 0.93 | — | — |
| Jun 9, 2026 | 0.98 | — | — |
| Jun 5, 2026 | 0.92 | — | — |
| May 29, 2026 | 0.88 | — | — |
| May 22, 2026 | 0.88 | — | — |
| May 15, 2026 | 0.87 | — | — |
| May 8, 2026 | 0.84 | — | — |
| May 7, 2026 | 0.92 | — | — |
| May 1, 2026 | 0.83 | — | — |
| Apr 24, 2026 | 0.78 | — | — |
| Apr 17, 2026 | 0.82 | — | — |
| Apr 10, 2026 | 0.87 | — | — |
| Mar 27, 2026 | 0.84 | — | — |
| Mar 18, 2026 | 0.81 | — | — |
| Mar 13, 2026 | 0.77 | — | — |
| Mar 6, 2026 | 0.77 | — | — |
| Feb 27, 2026 | 0.77 | — | — |
| Feb 20, 2026 | 0.76 | — | — |
| Feb 13, 2026 | 0.75 | — | — |
| Feb 6, 2026 | 0.75 | — | — |
| Jan 30, 2026 | 0.75 | — | — |
| Jan 22, 2026 | 0.73 | — | — |
| Jan 16, 2026 | 0.71 | — | — |
| Jan 9, 2026 | 0.68 | — | — |
| Jan 6, 2026 | 0.69 | — | — |
| Dec 18, 2025 | 0.67 | — | — |
| Dec 12, 2025 | 0.62 | — | — |
| Dec 5, 2025 | 0.63 | — | — |
| Nov 28, 2025 | 0.52 | — | — |
| Nov 21, 2025 | 0.48 | — | — |
| Nov 14, 2025 | 0.45 | — | — |
| Nov 7, 2025 | 0.47 | — | — |
| Oct 31, 2025 | 0.47 | — | — |
| Oct 24, 2025 | 0.49 | — | — |
| Oct 17, 2025 | 0.46 | — | — |
| Oct 10, 2025 | 0.49 | — | — |
| Oct 3, 2025 | 0.50 | — | — |
| Date | First print | Current | Revision |
|---|---|---|---|
| Aug 14, 2026 | 1.09 | 1.09 | +0.00 ↑ |
| Aug 6, 2026 | 1.18 | 1.18 | -0.00 ↓ |
