US Treasury bills
US bills are the one market on GetTbill with verified conventions and simulated trading. All rates and auction results below come from official publications and are end of day, not live prices.
- Issuer
- U.S. Department of the Treasury
- Quote basis
- Bank discount, actual/360
- Regular terms
- 4, 6, 8, 13, 17, 26 and 52 weeks
- Minimum and increment
- 100 USD and 100 USD
- Secondary settlement
- One business day after trade
- Convention check
- Verified against published auction results in the test suite
Official curve
US Treasury bill curve
Official end-of-day rates. Observed Nov 5, 2026.
- Bank discount rate
- Coupon equivalent
| Tenor | Discount | Coupon eq. |
|---|---|---|
| 4-week | 3.89% | 3.96% |
| 6-week | 3.91% | 3.98% |
| 8-week | 3.98% | 4.06% |
| 13-week | 4.00% | 4.10% |
| 17-week | 4.05% | 4.16% |
| 26-week | 4.08% | 4.22% |
| 52-week | 4.09% | 4.28% |
Rate history
Daily bank discount rate, in percent
Delayed officialLast observation Nov 5, 2026Source: U.S. Treasury daily ratesRetrieved Nov 6, 2026, 04:12 UTC
The history above follows a tenor over time: it is the rate on whichever bill was benchmark on each date. It is not the price history of any single bill, which is not available from public sources.
Recent auction results
Official published results. The high rate is the rate at which every successful bidder was filled.
| Term | CUSIP | Auction date | High rate | Investment rate | Price per 100 | Bid-to-cover | Offering | Maturity |
|---|---|---|---|---|---|---|---|---|
| 4-Week | 912797WE3 | Nov 5, 2026 | 3.890% | 3.956% | 99.697444 | 2.46 | USD 115 billion | Dec 8, 2026 |
| 8-Week | 912797WN3 | Nov 5, 2026 | 3.975% | 4.055% | 99.381667 | 2.68 | USD 110 billion | Jan 5, 2027 |
| 17-Week | 912797XG7 | Nov 4, 2026 | 4.090% | 4.204% | 98.648028 | 3.26 | USD 75 billion | Mar 9, 2027 |
| 6-Week | 912797VH7 | Nov 3, 2026 | 3.940% | 4.013% | 99.540333 | 2.88 | USD 100 billion | Dec 17, 2026 |
| 26-Week | 912797WX1 | Nov 2, 2026 | 4.150% | 4.298% | 97.901944 | 2.89 | USD 82 billion | May 6, 2027 |
| 13-Week | 912797VV6 | Nov 2, 2026 | 4.040% | 4.138% | 98.978778 | 2.88 | USD 95 billion | Feb 4, 2027 |
| 4-Week | 912797VZ7 | Oct 29, 2026 | 3.910% | 3.976% | 99.695889 | 3.10 | USD 115 billion | Dec 1, 2026 |
| 8-Week | 912797WH6 | Oct 29, 2026 | 4.020% | 4.101% | 99.374667 | 2.63 | USD 110 billion | Dec 29, 2026 |
| 17-Week | 912797XB8 | Oct 28, 2026 | 4.140% | 4.256% | 98.631500 | 3.08 | USD 75 billion | Mar 2, 2027 |
| 52-Week | 912797WT0 | Oct 27, 2026 | 4.290% | 4.496% | 95.662333 | 3.15 | USD 54 billion | Oct 28, 2027 |
Upcoming auctions
Announced offerings that have no published result yet. Simulated subscriptions on this platform are not bids at these auctions.
| Term | CUSIP | Announced | Auction date | Issue date | Maturity | Offering |
|---|---|---|---|---|---|---|
| 13-Week | 912797WB9 | Nov 5, 2026 | Nov 9, 2026 | Nov 12, 2026 | Feb 11, 2027 | USD 95 billion |
| 6-Week | 912797TC1 | Nov 5, 2026 | Nov 9, 2026 | Nov 12, 2026 | Dec 24, 2026 | USD 100 billion |
| 26-Week | 912797UX3 | Nov 5, 2026 | Nov 9, 2026 | Nov 12, 2026 | May 13, 2027 | USD 82 billion |
Learn how these numbers fit together
Short lessons explain discount pricing, the investment rate and how auctions set a price.