T-Bill Rates · Treasury Bills
8-Week (2-Month) Treasury Bill Rates
Every 8-week bill auction since October 2018: the rate it sold at, what $10,000 cost and earned, and when the next one is.
Next auction: Thursday, Oct 1, 2026 · $95B · bidding closes 11:30 am ET, results post minutes later
Latest 8-Week Auction
Thursday, Sep 24, 2026
8-Week (2-Month) Billreopening
4.071%
investment rate · +7.2 bp vs prior auction · discount rate 3.990%
$10,000 cost
$9,937.93
$99.379333 per $100
Earns at maturity
$62.07
over 56 days
Matures
Nov 24, 2026
issued Sep 29, 2026
Bid-to-cover
2.76×
$85B sold
At the Sep 24, 2026 auction, the 8-week (2-month) Treasury bill sold at an investment rate of 4.071% (discount rate 3.990%). $10,000 of face value cost $9,937.93 and pays $10,000 on Nov 24, 2026, earning $62.07.
Highest on Record
5.537%
May 4, 2023
Lowest on Record
0.000%
Mar 26, 2020
A Year Ago
4.045%
Sep 18, 2025
Auctions Tracked
416
53 in the last 12 months · since October 2018
Investment rate at every auction
Every 8-week bill auction
| Date | Rate | Discount | Chg | Price / $100 | $10,000 cost | Earns | Cover | Size | Official results |
|---|---|---|---|---|---|---|---|---|---|
| 4.071% | 3.990% | +7.2 bp | 99.379333 | $9,937.93 | $62.07 | 2.76× | $85B r | ||
| 3.999% | 3.920% | +7.7 bp | 99.390222 | $9,939.02 | $60.98 | 2.94× | $85B r | ||
| 3.922% | 3.845% | +9.8 bp | 99.401889 | $9,940.19 | $59.81 | 2.82× | $85B r | ||
| 3.824% | 3.750% | +8.2 bp | 99.416667 | $9,941.67 | $58.33 | 3.02× | $85B r | ||
| 3.742% | 3.670% | +1.5 bp | 99.429111 | $9,942.91 | $57.09 | 2.77× | $90B r | ||
| 3.727% | 3.655% | −1 bp | 99.431444 | $9,943.14 | $56.86 | 3.06× | $100B r | ||
| 3.737% | 3.665% | −4.6 bp | 99.429889 | $9,942.99 | $57.01 | 2.85× | $100B r | ||
| 3.783% | 3.710% | +3.6 bp | 99.422889 | $9,942.29 | $57.71 | 2.74× | $100B r | ||
| 3.747% | 3.675% | −12.4 bp | 99.428333 | $9,942.83 | $57.17 | 2.74× | $100B r | ||
| 3.871% | 3.795% | +14.9 bp | 99.409667 | $9,940.97 | $59.03 | 2.31× | $100B r | ||
| 3.722% | 3.650% | +1.6 bp | 99.432222 | $9,943.22 | $56.78 | 2.84× | $100B r | ||
| 3.706% | 3.635% | −1.6 bp | 99.434556 | $9,943.46 | $56.54 | 2.95× | $95B r | ||
| 3.722% | 3.650% | −1 bp | 99.432222 | $9,943.22 | $56.78 | 2.70× | $85B r | ||
| 3.732% | 3.660% | +2 bp | 99.430667 | $9,943.07 | $56.93 | 2.79× | $75B r | ||
| 3.712% | 3.640% | +3.1 bp | 99.433778 | $9,943.38 | $56.62 | 2.57× | $75B r | ||
| 3.681% | 3.610% | 0 bp | 99.438444 | $9,943.84 | $56.16 | 2.94× | $75B r | ||
| 3.681% | 3.610% | −0.5 bp | 99.438444 | $9,943.84 | $56.16 | 3.20× | $75B r | ||
| 3.686% | 3.615% | +1.5 bp | 99.437667 | $9,943.77 | $56.23 | 3.08× | $80B r | ||
| 3.671% | 3.600% | −1 bp | 99.440000 | $9,944.00 | $56.00 | 2.77× | $95B r | ||
| 3.681% | 3.610% | +1.6 bp | 99.438444 | $9,943.84 | $56.16 | 2.72× | $95B r | ||
| 3.665% | 3.595% | −2.6 bp | 99.440778 | $9,944.08 | $55.92 | 2.91× | $85B r | ||
| 3.691% | 3.620% | +1.5 bp | 99.436889 | $9,943.69 | $56.31 | 2.79× | $75B r | ||
| 3.676% | 3.605% | −1 bp | 99.439222 | $9,943.92 | $56.08 | 2.91× | $75B r | ||
| 3.686% | 3.615% | +4.1 bp | 99.437667 | $9,943.77 | $56.23 | 3.22× | $75B r | ||
| 3.645% | 3.575% | −4.6 bp | 99.443889 | $9,944.39 | $55.61 | 3.16× | $75B r | ||
| 3.691% | 3.620% | −1 bp | 99.436889 | $9,943.69 | $56.31 | 3.26× | $75B r |
Show 390 earlier auctions, back to October 2018+
| Date | Rate | Discount | $10,000 cost | Cover | Size |
|---|---|---|---|---|---|
| Mar 26, 2026 r | 3.701% | 3.630% | $9,943.53 | 3.14× | $80B |
| Mar 19, 2026 r | 3.706% | 3.635% | $9,943.46 | 2.83× | $85B |
| Mar 12, 2026 r | 3.696% | 3.625% | $9,943.61 | 3.10× | $90B |
| Mar 5, 2026 r | 3.701% | 3.630% | $9,943.53 | 3.21× | $95B |
| Feb 26, 2026 r | 3.701% | 3.630% | $9,943.53 | 2.80× | $95B |
| Feb 19, 2026 r | 3.701% | 3.630% | $9,943.53 | 2.82× | $95B |
| Feb 12, 2026 r | 3.701% | 3.630% | $9,943.53 | 2.88× | $95B |
| Feb 5, 2026 r | 3.701% | 3.630% | $9,943.53 | 2.64× | $95B |
| Jan 29, 2026 r | 3.706% | 3.635% | $9,943.46 | 2.87× | $95B |
| Jan 22, 2026 r | 3.701% | 3.630% | $9,943.53 | 2.84× | $95B |
| Jan 15, 2026 r | 3.671% | 3.600% | $9,944.00 | 2.71× | $90B |
| Jan 8, 2026 r | 3.609% | 3.540% | $9,944.93 | 2.85× | $80B |
| Dec 31, 2025 r | 3.650% | 3.580% | $9,944.31 | 2.83× | $80B |
| Dec 24, 2025 r | 3.655% | 3.585% | $9,944.23 | 2.92× | $80B |
| Dec 18, 2025 r | 3.655% | 3.585% | $9,944.23 | 3.01× | $80B |
| Dec 11, 2025 r | 3.681% | 3.610% | $9,943.84 | 2.79× | $80B |
| Dec 4, 2025 r | 3.691% | 3.620% | $9,943.69 | 2.98× | $80B |
| Nov 26, 2025 r | 3.917% | 3.840% | $9,940.27 | 2.87× | $85B |
| Nov 20, 2025 r | 3.927% | 3.850% | $9,940.11 | 2.64× | $95B |
| Nov 13, 2025 r | 3.912% | 3.835% | $9,940.34 | 2.87× | $95B |
| Nov 6, 2025 r | 3.891% | 3.815% | $9,941.72 | 2.90× | $95B |
| Oct 30, 2025 r | 3.968% | 3.890% | $9,939.49 | 2.88× | $95B |
| Oct 23, 2025 r | 3.978% | 3.900% | $9,939.33 | 2.77× | $95B |
| Oct 16, 2025 r | 4.040% | 3.960% | $9,938.40 | 2.91× | $95B |
| Oct 9, 2025 r | 4.035% | 3.955% | $9,938.48 | 2.88× | $95B |
| Oct 2, 2025 r | 4.040% | 3.960% | $9,938.40 | 3.01× | $90B |
| Sep 25, 2025 r | 4.081% | 4.000% | $9,937.78 | 2.65× | $85B |
| Sep 18, 2025 r | 4.045% | 3.965% | $9,938.32 | 2.76× | $85B |
| Sep 11, 2025 r | 4.081% | 4.000% | $9,936.67 | 2.81× | $85B |
| Sep 4, 2025 r | 4.184% | 4.100% | $9,936.22 | 2.79× | $85B |
| Aug 28, 2025 r | 4.230% | 4.145% | $9,935.52 | 2.92× | $85B |
| Aug 21, 2025 r | 4.307% | 4.220% | $9,934.36 | 2.71× | $85B |
| Aug 14, 2025 r | 4.271% | 4.185% | $9,934.90 | 2.72× | $85B |
| Aug 7, 2025 r | 4.322% | 4.235% | $9,934.12 | 3.16× | $85B |
| Jul 31, 2025 r | 4.379% | 4.290% | $9,933.27 | 2.52× | $85B |
| Jul 24, 2025 r | 4.353% | 4.265% | $9,933.66 | 2.63× | $85B |
| Jul 17, 2025 r | 4.358% | 4.270% | $9,933.58 | 2.60× | $80B |
| Jul 10, 2025 r | 4.363% | 4.275% | $9,933.50 | 2.86× | $70B |
| Jul 3, 2025 r | 4.389% | 4.300% | $9,933.11 | 3.10× | $45B |
| Jun 26, 2025 r | 4.482% | 4.390% | $9,931.71 | 3.24× | $50B |
| Jun 18, 2025 r | 4.564% | 4.470% | $9,930.47 | 2.70× | $55B |
| Jun 12, 2025 r | 4.471% | 4.380% | $9,931.87 | 2.67× | $55B |
| Jun 5, 2025 r | 4.312% | 4.225% | $9,934.28 | 3.38× | $55B |
| May 29, 2025 r | 4.312% | 4.225% | $9,934.28 | 3.07× | $65B |
| May 22, 2025 r | 4.322% | 4.235% | $9,934.12 | 2.89× | $75B |
| May 15, 2025 r | 4.322% | 4.235% | $9,934.12 | 2.85× | $75B |
| May 8, 2025 r | 4.312% | 4.225% | $9,934.28 | 2.98× | $75B |
| May 1, 2025 r | 4.307% | 4.220% | $9,934.36 | 3.28× | $75B |
| Apr 24, 2025 r | 4.312% | 4.225% | $9,934.28 | 3.01× | $75B |
| Apr 17, 2025 r | 4.322% | 4.235% | $9,934.12 | 2.94× | $75B |
| Apr 10, 2025 r | 4.322% | 4.235% | $9,934.12 | 3.10× | $75B |
| Apr 3, 2025 r | 4.327% | 4.240% | $9,934.04 | 2.87× | $75B |
| Mar 27, 2025 r | 4.333% | 4.245% | $9,933.97 | 2.68× | $75B |
| Mar 20, 2025 r | 4.302% | 4.215% | $9,934.43 | 2.74× | $75B |
| Mar 13, 2025 r | 4.307% | 4.220% | $9,934.36 | 3.04× | $75B |
| Mar 6, 2025 r | 4.307% | 4.220% | $9,934.36 | 3.02× | $75B |
| Feb 27, 2025 r | 4.322% | 4.235% | $9,934.12 | 2.98× | $75B |
| Feb 20, 2025 r | 4.322% | 4.235% | $9,934.12 | 2.88× | $80B |
| Feb 13, 2025 r | 4.327% | 4.240% | $9,934.04 | 2.94× | $85B |
| Feb 6, 2025 r | 4.327% | 4.240% | $9,934.04 | 2.77× | $90B |
| Jan 30, 2025 r | 4.327% | 4.240% | $9,934.04 | 2.63× | $90B |
| Jan 23, 2025 r | 4.338% | 4.250% | $9,933.89 | 2.75× | $90B |
| Jan 16, 2025 r | 4.322% | 4.235% | $9,934.12 | 2.89× | $90B |
| Jan 9, 2025 r | 4.327% | 4.240% | $9,934.04 | 2.81× | $90B |
| Jan 2, 2025 r | 4.327% | 4.240% | $9,934.04 | 2.96× | $80B |
| Dec 26, 2024 r | 4.353% | 4.265% | $9,933.66 | 2.90× | $70B |
| Dec 19, 2024 r | 4.317% | 4.230% | $9,934.20 | 2.98× | $75B |
| Dec 12, 2024 r | 4.348% | 4.260% | $9,933.73 | 2.81× | $75B |
| Dec 5, 2024 r | 4.440% | 4.350% | $9,932.33 | 3.50× | $80B |
| Nov 27, 2024 r | 4.595% | 4.500% | $9,930.00 | 2.61× | $90B |
| Nov 21, 2024 r | 4.574% | 4.480% | $9,930.31 | 2.52× | $90B |
| Nov 14, 2024 r | 4.554% | 4.460% | $9,930.62 | 2.77× | $90B |
| Nov 7, 2024 r | 4.584% | 4.490% | $9,930.16 | 2.59× | $90B |
| Oct 31, 2024 r | 4.651% | 4.555% | $9,929.14 | 2.68× | $90B |
| Oct 24, 2024 r | 4.687% | 4.590% | $9,928.60 | 2.83× | $90B |
| Oct 17, 2024 r | 4.728% | 4.630% | $9,927.98 | 2.68× | $90B |
| Oct 10, 2024 r | 4.739% | 4.640% | $9,927.82 | 2.92× | $90B |
| Oct 3, 2024 r | 4.754% | 4.655% | $9,927.59 | 2.72× | $90B |
| Sep 26, 2024 r | 4.749% | 4.650% | $9,927.67 | 2.42× | $85B |
| Sep 19, 2024 r | 4.790% | 4.690% | $9,927.04 | 2.80× | $80B |
| Sep 12, 2024 r | 5.099% | 4.990% | $9,922.38 | 2.45× | $80B |
| Sep 5, 2024 r | 5.150% | 5.040% | $9,921.60 | 2.78× | $80B |
| Aug 29, 2024 r | 5.212% | 5.100% | $9,920.67 | 2.60× | $80B |
| Aug 22, 2024 r | 5.238% | 5.125% | $9,920.28 | 2.83× | $90B |
| Aug 15, 2024 r | 5.289% | 5.175% | $9,919.50 | 2.77× | $90B |
| Aug 8, 2024 r | 5.305% | 5.190% | $9,919.27 | 2.74× | $90B |
| Aug 1, 2024 r | 5.346% | 5.230% | $9,918.64 | 2.74× | $85B |
| Jul 25, 2024 r | 5.377% | 5.260% | $9,918.18 | 2.89× | $85B |
| Jul 18, 2024 r | 5.377% | 5.260% | $9,918.18 | 2.68× | $85B |
| Jul 11, 2024 r | 5.377% | 5.260% | $9,918.18 | 2.63× | $85B |
| Jul 3, 2024 r | 5.393% | 5.275% | $9,917.94 | 2.76× | $80B |
| Jun 27, 2024 r | 5.377% | 5.260% | $9,918.18 | 2.84× | $75B |
| Jun 20, 2024 r | 5.377% | 5.260% | $9,918.18 | 2.65× | $70B |
| Jun 13, 2024 r | 5.382% | 5.265% | $9,918.10 | 2.98× | $70B |
| Jun 6, 2024 r | 5.382% | 5.265% | $9,918.10 | 3.23× | $70B |
| May 30, 2024 r | 5.393% | 5.275% | $9,917.94 | 2.94× | $70B |
| May 23, 2024 r | 5.393% | 5.275% | $9,917.94 | 2.63× | $80B |
| May 16, 2024 r | 5.387% | 5.270% | $9,918.02 | 2.74× | $80B |
| May 9, 2024 r | 5.393% | 5.275% | $9,917.94 | 2.98× | $80B |
| May 2, 2024 r | 5.387% | 5.270% | $9,918.02 | 2.99× | $75B |
| Apr 25, 2024 r | 5.393% | 5.275% | $9,917.94 | 3.02× | $75B |
| Apr 18, 2024 r | 5.393% | 5.275% | $9,917.94 | 2.90× | $75B |
| Apr 11, 2024 r | 5.387% | 5.270% | $9,918.02 | 3.14× | $75B |
| Apr 4, 2024 r | 5.377% | 5.260% | $9,918.18 | 2.87× | $75B |
| Mar 28, 2024 r | 5.393% | 5.275% | $9,917.94 | 2.89× | $80B |
| Mar 21, 2024 r | 5.387% | 5.270% | $9,918.02 | 2.93× | $85B |
| Mar 14, 2024 r | 5.393% | 5.275% | $9,917.94 | 2.87× | $90B |
| Mar 7, 2024 r | 5.398% | 5.280% | $9,917.87 | 2.90× | $90B |
| Feb 29, 2024 r | 5.403% | 5.285% | $9,917.79 | 2.71× | $90B |
| Feb 22, 2024 r | 5.407% | 5.275% | $9,917.94 | 2.78× | $90B |
| Feb 15, 2024 r | 5.402% | 5.270% | $9,918.02 | 2.66× | $90B |
| Feb 8, 2024 r | 5.402% | 5.270% | $9,918.02 | 2.75× | $90B |
| Feb 1, 2024 r | 5.397% | 5.265% | $9,918.10 | 2.75× | $90B |
| Jan 25, 2024 r | 5.407% | 5.275% | $9,917.94 | 2.85× | $90B |
| Jan 18, 2024 r | 5.407% | 5.275% | $9,917.94 | 3.06× | $85B |
| Jan 11, 2024 r | 5.407% | 5.275% | $9,917.94 | 2.98× | $80B |
| Jan 4, 2024 r | 5.418% | 5.285% | $9,917.79 | 2.80× | $80B |
| Dec 28, 2023 r | 5.418% | 5.285% | $9,917.79 | 2.59× | $80B |
| Dec 21, 2023 r | 5.402% | 5.270% | $9,918.02 | 2.74× | $80B |
| Dec 14, 2023 r | 5.407% | 5.275% | $9,917.94 | 2.83× | $80B |
| Dec 7, 2023 r | 5.407% | 5.275% | $9,917.94 | 2.82× | $80B |
| Nov 30, 2023 r | 5.412% | 5.280% | $9,917.87 | 2.75× | $80B |
| Nov 22, 2023 r | 5.412% | 5.280% | $9,917.87 | 2.73× | $80B |
| Nov 16, 2023 r | 5.412% | 5.280% | $9,917.87 | 2.63× | $85B |
| Nov 9, 2023 r | 5.418% | 5.285% | $9,917.79 | 2.70× | $85B |
| Nov 2, 2023 r | 5.433% | 5.300% | $9,917.56 | 2.70× | $85B |
| Oct 26, 2023 r | 5.464% | 5.330% | $9,917.09 | 2.52× | $85B |
| Oct 19, 2023 r | 5.459% | 5.325% | $9,917.17 | 2.63× | $85B |
| Oct 12, 2023 r | 5.480% | 5.345% | $9,916.86 | 2.88× | $85B |
| Oct 5, 2023 r | 5.490% | 5.355% | $9,916.70 | 2.46× | $80B |
| Sep 28, 2023 r | 5.464% | 5.330% | $9,917.09 | 2.59× | $75B |
| Sep 21, 2023 r | 5.433% | 5.300% | $9,917.56 | 2.58× | $70B |
| Sep 14, 2023 r | 5.428% | 5.295% | $9,917.63 | 2.77× | $70B |
| Sep 7, 2023 r | 5.423% | 5.290% | $9,917.71 | 2.79× | $70B |
| Aug 31, 2023 r | 5.423% | 5.290% | $9,917.71 | 2.77× | $70B |
| Aug 24, 2023 r | 5.423% | 5.290% | $9,917.71 | 2.82× | $70B |
| Aug 17, 2023 r | 5.412% | 5.280% | $9,917.87 | 2.89× | $70B |
| Aug 10, 2023 r | 5.412% | 5.280% | $9,917.87 | 2.96× | $65B |
| Aug 3, 2023 r | 5.418% | 5.285% | $9,917.79 | 2.77× | $60B |
| Jul 27, 2023 r | 5.418% | 5.285% | $9,917.79 | 2.86× | $60B |
| Jul 20, 2023 r | 5.387% | 5.255% | $9,918.26 | 2.99× | $60B |
| Jul 13, 2023 r | 5.361% | 5.230% | $9,918.64 | 2.87× | $60B |
| Jul 6, 2023 r | 5.330% | 5.200% | $9,919.11 | 2.88× | $60B |
| Jun 29, 2023 r | 5.319% | 5.190% | $9,920.71 | 2.61× | $60B |
| Jun 22, 2023 r | 5.268% | 5.140% | $9,920.04 | 2.78× | $60B |
| Jun 15, 2023 r | 5.206% | 5.080% | $9,920.98 | 3.06× | $55B |
| Jun 8, 2023 r | 5.247% | 5.120% | $9,920.36 | 2.86× | $50B |
| Jun 1, 2023 r | 5.350% | 5.220% | $9,918.80 | 2.83× | $35B |
| May 25, 2023 r | 5.485% | 5.350% | $9,916.78 | 2.82× | $35B |
| May 18, 2023 r | 5.144% | 5.020% | $9,921.91 | 2.39× | $35B |
| May 11, 2023 r | 4.793% | 4.680% | $9,927.20 | 3.04× | $35B |
| May 4, 2023 r | 5.537% | 5.400% | $9,914.50 | 2.93× | $45B |
| Apr 27, 2023 r | 5.061% | 4.940% | $9,923.16 | 2.70× | $45B |
| Apr 20, 2023 r | 4.968% | 4.850% | $9,924.56 | 2.47× | $45B |
| Apr 13, 2023 r | 4.906% | 4.790% | $9,925.49 | 2.52× | $50B |
| Apr 6, 2023 r | 4.762% | 4.650% | $9,927.67 | 2.50× | $50B |
| Mar 30, 2023 r | 4.710% | 4.600% | $9,928.44 | 2.47× | $50B |
| Mar 23, 2023 r | 4.504% | 4.400% | $9,931.56 | 2.97× | $50B |
| Mar 17, 2023 r | 4.556% | 4.450% | $9,930.78 | 2.85× | $50B |
| Mar 9, 2023 r | 4.937% | 4.820% | $9,925.02 | 2.30× | $55B |
| Mar 2, 2023 r | 4.767% | 4.655% | $9,927.59 | 2.79× | $60B |
| Feb 23, 2023 r | 4.759% | 4.660% | $9,927.51 | 2.64× | $60B |
| Feb 16, 2023 r | 4.749% | 4.650% | $9,927.67 | 2.51× | $60B |
| Feb 9, 2023 r | 4.698% | 4.600% | $9,928.44 | 2.32× | $60B |
| Feb 2, 2023 r | 4.600% | 4.505% | $9,929.92 | 2.56× | $60B |
| Jan 26, 2023 r | 4.620% | 4.525% | $9,929.61 | 2.57× | $60B |
| Jan 19, 2023 r | 4.615% | 4.520% | $9,929.69 | 2.53× | $60B |
| Jan 12, 2023 r | 4.559% | 4.465% | $9,930.54 | 2.73× | $55B |
| Jan 5, 2023 r | 4.523% | 4.430% | $9,931.09 | 2.29× | $45B |
| Dec 29, 2022 r | 4.338% | 4.250% | $9,933.89 | 2.41× | $45B |
| Dec 22, 2022 r | 4.066% | 3.985% | $9,938.01 | 2.68× | $45B |
| Dec 15, 2022 r | 4.143% | 4.060% | $9,936.84 | 2.72× | $45B |
| Dec 8, 2022 r | 4.019% | 3.940% | $9,938.71 | 2.94× | $45B |
| Dec 1, 2022 r | 4.163% | 4.080% | $9,936.53 | 2.76× | $45B |
| Nov 23, 2022 r | 4.204% | 4.120% | $9,935.91 | 2.81× | $50B |
| Nov 17, 2022 r | 4.101% | 4.020% | $9,937.47 | 2.46× | $55B |
| Nov 10, 2022 r | 3.927% | 3.850% | $9,940.11 | 2.68× | $55B |
| Nov 3, 2022 r | 3.958% | 3.880% | $9,939.64 | 2.75× | $55B |
| Oct 27, 2022 r | 3.896% | 3.820% | $9,940.58 | 2.67× | $55B |
| Oct 20, 2022 r | 3.763% | 3.690% | $9,942.60 | 2.49× | $55B |
| Oct 13, 2022 r | 3.548% | 3.480% | $9,945.87 | 2.48× | $50B |
| Oct 6, 2022 r | 3.291% | 3.230% | $9,949.76 | 2.53× | $45B |
| Sep 29, 2022 r | 3.122% | 3.065% | $9,952.32 | 2.57× | $45B |
| Sep 22, 2022 r | 3.046% | 2.990% | $9,953.49 | 2.60× | $45B |
| Sep 15, 2022 r | 2.979% | 2.925% | $9,954.50 | 2.64× | $45B |
| Sep 8, 2022 r | 2.816% | 2.765% | $9,956.99 | 2.93× | $45B |
| Sep 1, 2022 r | 2.780% | 2.730% | $9,957.53 | 3.02× | $45B |
| Aug 25, 2022 r | 2.657% | 2.610% | $9,959.40 | 2.73× | $50B |
| Aug 18, 2022 r | 2.534% | 2.490% | $9,961.27 | 2.77× | $50B |
| Aug 11, 2022 r | 2.473% | 2.430% | $9,962.20 | 2.35× | $50B |
| Aug 4, 2022 r | 2.320% | 2.280% | $9,964.53 | 2.54× | $50B |
| Jul 28, 2022 r | 2.248% | 2.210% | $9,965.62 | 2.79× | $50B |
| Jul 21, 2022 r | 2.269% | 2.230% | $9,965.31 | 2.71× | $50B |
| Jul 14, 2022 r | 2.310% | 2.270% | $9,964.69 | 2.47× | $40B |
| Jul 7, 2022 r | 1.871% | 1.840% | $9,971.38 | 2.77× | $30B |
| Jun 30, 2022 r | 1.677% | 1.650% | $9,974.33 | 2.89× | $30B |
| Jun 23, 2022 r | 1.524% | 1.500% | $9,976.67 | 2.97× | $30B |
| Jun 16, 2022 r | 1.494% | 1.470% | $9,977.13 | 3.28× | $30B |
| Jun 9, 2022 r | 1.168% | 1.150% | $9,982.11 | 3.06× | $30B |
| Jun 2, 2022 r | 1.056% | 1.040% | $9,983.82 | 3.23× | $30B |
| May 26, 2022 r | 0.929% | 0.915% | $9,985.77 | 3.36× | $30B |
| May 19, 2022 r | 0.914% | 0.900% | $9,986.00 | 2.90× | $30B |
| May 12, 2022 r | 0.766% | 0.755% | $9,988.26 | 3.02× | $30B |
| May 5, 2022 r | 0.721% | 0.710% | $9,988.96 | 3.55× | $30B |
| Apr 28, 2022 r | 0.721% | 0.710% | $9,988.96 | 3.64× | $30B |
| Apr 21, 2022 r | 0.634% | 0.625% | $9,990.28 | 3.24× | $30B |
| Apr 14, 2022 r | 0.578% | 0.570% | $9,991.13 | 3.56× | $30B |
| Apr 7, 2022 r | 0.507% | 0.500% | $9,992.22 | 2.96× | $30B |
| Mar 31, 2022 r | 0.386% | 0.380% | $9,994.09 | 2.75× | $30B |
| Mar 24, 2022 r | 0.304% | 0.300% | $9,995.33 | 2.99× | $30B |
| Mar 17, 2022 r | 0.304% | 0.300% | $9,995.33 | 3.45× | $35B |
| Mar 10, 2022 r | 0.269% | 0.265% | $9,995.88 | 3.15× | $35B |
| Mar 3, 2022 r | 0.208% | 0.205% | $9,996.81 | 3.69× | $35B |
| Feb 24, 2022 r | 0.203% | 0.200% | $9,996.89 | 3.70× | $35B |
| Feb 17, 2022 r | 0.254% | 0.250% | $9,996.11 | 3.12× | $40B |
| Feb 10, 2022 r | 0.254% | 0.250% | $9,996.11 | 2.97× | $40B |
| Feb 3, 2022 r | 0.142% | 0.140% | $9,997.82 | 3.26× | $40B |
| Jan 27, 2022 r | 0.142% | 0.140% | $9,997.82 | 2.89× | $40B |
| Jan 20, 2022 r | 0.086% | 0.085% | $9,998.68 | 2.75× | $40B |
| Jan 13, 2022 r | 0.051% | 0.050% | $9,999.22 | 3.39× | $40B |
| Jan 6, 2022 r | 0.056% | 0.055% | $9,999.14 | 3.24× | $40B |
| Dec 30, 2021 r | 0.056% | 0.055% | $9,999.14 | 3.14× | $40B |
| Dec 23, 2021 r | 0.051% | 0.050% | $9,999.22 | 3.41× | $40B |
| Dec 16, 2021 r | 0.051% | 0.050% | $9,999.22 | 3.10× | $25B |
| Dec 9, 2021 r | 0.051% | 0.050% | $9,999.22 | 3.70× | $25B |
| Dec 2, 2021 r | 0.046% | 0.045% | $9,999.30 | 3.33× | $25B |
| Nov 24, 2021 r | 0.046% | 0.045% | $9,999.30 | 3.60× | $25B |
| Nov 18, 2021 r | 0.046% | 0.045% | $9,999.30 | 4.43× | $25B |
| Nov 10, 2021 r | 0.061% | 0.060% | $9,999.07 | 3.36× | $25B |
| Nov 4, 2021 r | 0.056% | 0.055% | $9,999.14 | 3.53× | $25B |
| Oct 28, 2021 r | 0.096% | 0.095% | $9,998.52 | 3.45× | $25B |
| Oct 21, 2021 r | 0.101% | 0.100% | $9,998.44 | 3.23× | $25B |
| Oct 14, 2021 r | 0.081% | 0.080% | $9,998.76 | 3.11× | $25B |
| Oct 7, 2021 r | 0.112% | 0.110% | $9,998.29 | 3.05× | $25B |
| Sep 30, 2021 r | 0.041% | 0.040% | $9,999.38 | 3.71× | $25B |
| Sep 23, 2021 r | 0.035% | 0.035% | $9,999.46 | 3.90× | $25B |
| Sep 16, 2021 r | 0.056% | 0.055% | $9,999.14 | 3.45× | $30B |
| Sep 9, 2021 r | 0.066% | 0.065% | $9,998.99 | 3.21× | $30B |
| Sep 2, 2021 r | 0.066% | 0.065% | $9,998.99 | 3.02× | $30B |
| Aug 26, 2021 r | 0.061% | 0.060% | $9,999.07 | 3.45× | $30B |
| Aug 19, 2021 r | 0.056% | 0.055% | $9,999.14 | 3.61× | $30B |
| Aug 12, 2021 r | 0.056% | 0.055% | $9,999.14 | 3.23× | $35B |
| Aug 5, 2021 r | 0.051% | 0.050% | $9,999.22 | 3.42× | $35B |
| Jul 29, 2021 r | 0.046% | 0.045% | $9,999.30 | 3.52× | $35B |
| Jul 22, 2021 r | 0.046% | 0.045% | $9,999.30 | 4.17× | $35B |
| Jul 15, 2021 r | 0.051% | 0.050% | $9,999.22 | 3.65× | $35B |
| Jul 8, 2021 r | 0.046% | 0.045% | $9,999.30 | 4.15× | $40B |
| Jul 1, 2021 r | 0.046% | 0.045% | $9,999.30 | 4.46× | $40B |
| Jun 24, 2021 r | 0.051% | 0.050% | $9,999.22 | 3.60× | $40B |
| Jun 17, 2021 r | 0.035% | 0.035% | $9,999.46 | 3.92× | $40B |
| Jun 10, 2021 r | 0.020% | 0.020% | $9,999.69 | 2.89× | $40B |
| Jun 3, 2021 r | 0.015% | 0.015% | $9,999.77 | 2.97× | $40B |
| May 27, 2021 r | 0.005% | 0.005% | $9,999.92 | 3.23× | $40B |
| May 20, 2021 r | 0.005% | 0.005% | $9,999.92 | 3.38× | $40B |
| May 13, 2021 r | 0.010% | 0.010% | $9,999.84 | 3.47× | $40B |
| May 6, 2021 r | 0.010% | 0.010% | $9,999.84 | 3.59× | $40B |
| Apr 29, 2021 r | 0.010% | 0.010% | $9,999.84 | 3.40× | $40B |
| Apr 22, 2021 r | 0.015% | 0.015% | $9,999.77 | 3.14× | $40B |
| Apr 15, 2021 r | 0.015% | 0.015% | $9,999.77 | 2.99× | $40B |
| Apr 8, 2021 r | 0.010% | 0.010% | $9,999.84 | 3.71× | $40B |
| Apr 1, 2021 r | 0.015% | 0.015% | $9,999.77 | 3.62× | $40B |
| Mar 25, 2021 r | 0.020% | 0.020% | $9,999.69 | 3.44× | $40B |
| Mar 18, 2021 r | 0.010% | 0.010% | $9,999.84 | 3.10× | $40B |
| Mar 11, 2021 r | 0.035% | 0.035% | $9,999.46 | 3.40× | $35B |
| Mar 4, 2021 r | 0.035% | 0.035% | $9,999.46 | 3.34× | $35B |
| Feb 25, 2021 r | 0.041% | 0.040% | $9,999.38 | 3.05× | $35B |
| Feb 18, 2021 r | 0.030% | 0.030% | $9,999.53 | 3.78× | $35B |
| Feb 11, 2021 r | 0.035% | 0.035% | $9,999.46 | 3.39× | $35B |
| Feb 4, 2021 r | 0.035% | 0.035% | $9,999.46 | 3.84× | $35B |
| Jan 28, 2021 r | 0.066% | 0.065% | $9,998.99 | 3.83× | $35B |
| Jan 21, 2021 r | 0.081% | 0.080% | $9,998.76 | 3.50× | $35B |
| Jan 14, 2021 r | 0.081% | 0.080% | $9,998.76 | 3.23× | $35B |
| Jan 7, 2021 r | 0.086% | 0.085% | $9,998.68 | 3.81× | $35B |
| Dec 31, 2020 r | 0.086% | 0.085% | $9,998.68 | 2.84× | $35B |
| Dec 24, 2020 r | 0.091% | 0.090% | $9,998.60 | 3.27× | $35B |
| Dec 17, 2020 r | 0.081% | 0.080% | $9,998.76 | 3.38× | $35B |
| Dec 10, 2020 r | 0.076% | 0.075% | $9,998.83 | 3.38× | $35B |
| Dec 3, 2020 r | 0.076% | 0.075% | $9,998.83 | 3.35× | $35B |
| Nov 25, 2020 r | 0.081% | 0.080% | $9,998.76 | 3.47× | $35B |
| Nov 19, 2020 r | 0.071% | 0.070% | $9,998.91 | 3.23× | $35B |
| Nov 12, 2020 r | 0.091% | 0.090% | $9,998.60 | 3.25× | $35B |
| Nov 5, 2020 r | 0.086% | 0.085% | $9,998.68 | 3.11× | $35B |
| Oct 29, 2020 r | 0.086% | 0.085% | $9,998.68 | 3.45× | $35B |
| Oct 22, 2020 r | 0.091% | 0.090% | $9,998.60 | 3.51× | $35B |
| Oct 15, 2020 r | 0.096% | 0.095% | $9,998.52 | 3.21× | $35B |
| Oct 8, 2020 r | 0.091% | 0.090% | $9,998.60 | 3.45× | $35B |
| Oct 1, 2020 r | 0.086% | 0.085% | $9,998.68 | 3.61× | $35B |
| Sep 24, 2020 r | 0.091% | 0.090% | $9,998.60 | 3.60× | $35B |
| Sep 17, 2020 r | 0.096% | 0.095% | $9,998.52 | 3.09× | $35B |
| Sep 10, 2020 r | 0.106% | 0.105% | $9,998.37 | 3.23× | $35B |
| Sep 3, 2020 r | 0.101% | 0.100% | $9,998.44 | 3.14× | $35B |
| Aug 27, 2020 r | 0.091% | 0.090% | $9,998.60 | 2.93× | $35B |
| Aug 20, 2020 r | 0.091% | 0.090% | $9,998.60 | 2.99× | $35B |
| Aug 13, 2020 r | 0.101% | 0.100% | $9,998.44 | 3.03× | $35B |
| Aug 6, 2020 r | 0.101% | 0.100% | $9,998.44 | 2.88× | $35B |
| Jul 30, 2020 r | 0.096% | 0.095% | $9,998.52 | 2.96× | $35B |
| Jul 23, 2020 r | 0.101% | 0.100% | $9,998.44 | 2.85× | $35B |
| Jul 16, 2020 r | 0.112% | 0.110% | $9,998.29 | 3.22× | $35B |
| Jul 9, 2020 r | 0.122% | 0.120% | $9,998.13 | 2.96× | $40B |
| Jul 2, 2020 r | 0.137% | 0.135% | $9,997.90 | 2.91× | $45B |
| Jun 25, 2020 r | 0.142% | 0.140% | $9,997.82 | 2.72× | $50B |
| Jun 18, 2020 r | 0.137% | 0.135% | $9,997.90 | 2.92× | $55B |
| Jun 11, 2020 r | 0.157% | 0.155% | $9,997.59 | 2.86× | $60B |
| Jun 4, 2020 r | 0.147% | 0.145% | $9,997.74 | 2.60× | $70B |
| May 28, 2020 r | 0.137% | 0.135% | $9,997.90 | 2.87× | $70B |
| May 21, 2020 r | 0.106% | 0.105% | $9,998.37 | 2.65× | $70B |
| May 14, 2020 r | 0.112% | 0.110% | $9,998.29 | 2.90× | $70B |
| May 7, 2020 | 0.112% | 0.110% | $9,998.29 | 2.89× | $70B |
| Apr 30, 2020 | 0.096% | 0.095% | $9,998.52 | 3.07× | $70B |
| Apr 23, 2020 r | 0.122% | 0.120% | $9,998.13 | 2.53× | $70B |
| Apr 16, 2020 r | 0.152% | 0.150% | $9,997.67 | 3.03× | $70B |
| Apr 9, 2020 r | 0.294% | 0.290% | $9,995.49 | 2.56× | $70B |
| Apr 2, 2020 | 0.096% | 0.095% | $9,998.52 | 2.85× | $60B |
| Mar 26, 2020 | 0.000% | 0.000% | $10,000.00 | 3.77× | $50B |
| Mar 19, 2020 | 0.030% | 0.030% | $9,999.53 | 2.99× | $40B |
| Mar 12, 2020 | 0.294% | 0.290% | $9,995.49 | 2.97× | $40B |
| Mar 5, 2020 | 0.832% | 0.820% | $9,987.24 | 2.73× | $45B |
| Feb 27, 2020 | 1.524% | 1.500% | $9,976.67 | 2.71× | $45B |
| Feb 20, 2020 | 1.600% | 1.570% | $9,975.58 | 2.77× | $45B |
| Feb 13, 2020 | 1.595% | 1.565% | $9,975.66 | 2.93× | $45B |
| Feb 6, 2020 | 1.580% | 1.550% | $9,975.89 | 3.06× | $45B |
| Jan 30, 2020 | 1.580% | 1.550% | $9,975.89 | 3.01× | $45B |
| Jan 23, 2020 | 1.569% | 1.540% | $9,976.04 | 2.82× | $40B |
| Jan 16, 2020 | 1.559% | 1.530% | $9,976.20 | 3.20× | $35B |
| Jan 9, 2020 | 1.544% | 1.515% | $9,976.43 | 2.99× | $35B |
| Jan 2, 2020 | 1.544% | 1.515% | $9,976.43 | 3.15× | $35B |
| Dec 26, 2019 | 1.595% | 1.565% | $9,975.66 | 3.24× | $35B |
| Dec 19, 2019 | 1.585% | 1.555% | $9,975.81 | 2.78× | $35B |
| Dec 12, 2019 | 1.569% | 1.540% | $9,976.04 | 2.69× | $35B |
| Dec 5, 2019 | 1.549% | 1.520% | $9,976.36 | 3.18× | $35B |
| Nov 27, 2019 | 1.600% | 1.570% | $9,975.58 | 3.53× | $35B |
| Nov 21, 2019 | 1.569% | 1.540% | $9,976.04 | 2.89× | $40B |
| Nov 14, 2019 | 1.549% | 1.520% | $9,976.36 | 3.20× | $40B |
| Nov 7, 2019 | 1.559% | 1.530% | $9,976.20 | 2.81× | $40B |
| Oct 31, 2019 | 1.590% | 1.560% | $9,975.73 | 3.21× | $40B |
| Oct 24, 2019 | 1.712% | 1.680% | $9,973.87 | 2.85× | $40B |
| Oct 17, 2019 | 1.697% | 1.665% | $9,974.10 | 2.99× | $40B |
| Oct 10, 2019 | 1.718% | 1.685% | $9,973.79 | 2.88× | $40B |
| Oct 3, 2019 | 1.743% | 1.710% | $9,973.40 | 2.86× | $40B |
| Sep 26, 2019 | 1.896% | 1.860% | $9,971.07 | 3.09× | $40B |
| Sep 19, 2019 | 1.989% | 1.950% | $9,969.67 | 2.59× | $40B |
| Sep 12, 2019 | 1.958% | 1.920% | $9,970.13 | 2.87× | $40B |
| Sep 5, 2019 | 1.999% | 1.960% | $9,969.51 | 3.18× | $40B |
| Aug 29, 2019 | 2.029% | 1.990% | $9,969.04 | 3.18× | $40B |
| Aug 22, 2019 | 2.024% | 1.985% | $9,969.12 | 2.86× | $40B |
| Aug 15, 2019 | 1.989% | 1.950% | $9,969.67 | 3.05× | $40B |
| Aug 8, 2019 | 2.091% | 2.050% | $9,968.11 | 3.24× | $40B |
| Aug 1, 2019 | 2.142% | 2.100% | $9,967.33 | 2.67× | $35B |
| Jul 25, 2019 | 2.183% | 2.140% | $9,966.71 | 2.77× | $35B |
| Jul 18, 2019 | 2.162% | 2.120% | $9,967.02 | 2.45× | $35B |
| Jul 11, 2019 | 2.173% | 2.130% | $9,966.87 | 2.99× | $35B |
| Jul 3, 2019 | 2.198% | 2.155% | $9,966.48 | 2.76× | $35B |
| Jun 27, 2019 | 2.162% | 2.120% | $9,967.02 | 3.17× | $35B |
| Jun 20, 2019 | 2.147% | 2.105% | $9,967.26 | 2.98× | $35B |
| Jun 13, 2019 | 2.244% | 2.200% | $9,965.78 | 3.12× | $35B |
| Jun 6, 2019 | 2.347% | 2.300% | $9,964.22 | 2.73× | $35B |
| May 30, 2019 | 2.377% | 2.330% | $9,963.76 | 2.74× | $35B |
| May 23, 2019 | 2.377% | 2.330% | $9,963.76 | 2.53× | $35B |
| May 16, 2019 | 2.403% | 2.355% | $9,963.37 | 3.10× | $35B |
| May 9, 2019 | 2.429% | 2.380% | $9,962.98 | 3.05× | $35B |
| May 2, 2019 | 2.439% | 2.390% | $9,962.82 | 2.70× | $35B |
| Apr 25, 2019 | 2.429% | 2.380% | $9,962.98 | 3.29× | $35B |
| Apr 18, 2019 | 2.439% | 2.390% | $9,962.82 | 2.95× | $35B |
| Apr 11, 2019 | 2.424% | 2.375% | $9,963.06 | 2.99× | $35B |
| Apr 4, 2019 | 2.429% | 2.380% | $9,962.98 | 3.35× | $35B |
| Mar 28, 2019 | 2.444% | 2.395% | $9,962.74 | 3.11× | $35B |
| Mar 21, 2019 | 2.470% | 2.420% | $9,962.36 | 2.89× | $35B |
| Mar 14, 2019 | 2.449% | 2.400% | $9,962.67 | 3.09× | $35B |
| Mar 7, 2019 | 2.449% | 2.400% | $9,962.67 | 3.54× | $35B |
| Feb 28, 2019 | 2.459% | 2.410% | $9,962.51 | 3.02× | $35B |
| Feb 21, 2019 | 2.442% | 2.400% | $9,962.67 | 3.17× | $35B |
| Feb 14, 2019 | 2.442% | 2.400% | $9,962.67 | 2.95× | $35B |
| Feb 7, 2019 | 2.427% | 2.385% | $9,962.90 | 3.21× | $35B |
| Jan 31, 2019 | 2.442% | 2.400% | $9,962.67 | 2.69× | $35B |
| Jan 24, 2019 | 2.412% | 2.370% | $9,963.13 | 2.74× | $35B |
| Jan 17, 2019 | 2.407% | 2.365% | $9,963.21 | 3.47× | $30B |
| Jan 10, 2019 | 2.432% | 2.390% | $9,962.82 | 3.25× | $30B |
| Jan 3, 2019 | 2.417% | 2.375% | $9,963.06 | 3.14× | $30B |
| Dec 27, 2018 | 2.463% | 2.420% | $9,963.03 | 3.13× | $30B |
| Dec 20, 2018 | 2.417% | 2.375% | $9,963.72 | 2.98× | $30B |
| Dec 13, 2018 | 2.402% | 2.360% | $9,963.29 | 3.81× | $30B |
| Dec 6, 2018 | 2.432% | 2.390% | $9,962.82 | 3.01× | $30B |
| Dec 4, 2018 | 2.401% | 2.360% | $9,964.60 | 3.24× | $30B |
| Nov 27, 2018 | 2.355% | 2.315% | $9,965.28 | 3.23× | $30B |
| Nov 20, 2018 | 2.340% | 2.300% | $9,966.14 | 3.48× | $30B |
| Nov 13, 2018 | 2.325% | 2.285% | $9,965.73 | 3.13× | $30B |
| Nov 6, 2018 | 2.279% | 2.240% | $9,965.78 | 3.09× | $30B |
| Oct 30, 2018 | 2.243% | 2.205% | $9,966.31 | 3.08× | $25B |
| Oct 23, 2018 | 2.218% | 2.180% | $9,967.30 | 3.43× | $25B |
| Oct 16, 2018 | 2.207% | 2.170% | $9,967.45 | 3.13× | $25B |
Rate = investment rate (bond-equivalent yield); Discount = the same result on Treasury's 360-day discount basis. Chg = rate versus the previous auction of this bill. Price = per $100 of face value, as Treasury prints it; $10,000 cost and Earns scale it to $10,000 of face value. Cover = bid-to-cover ratio. Size = amount offered to the public. r = reopening of an existing bill. PDF = Treasury's official results.
Frequently Asked Questions
What is the current 8-week T-bill rate?
At the Sep 24, 2026 auction, the 8-week (2-month) Treasury bill sold at an investment rate of 4.071% (discount rate 3.990%). $10,000 of face value cost $9,937.93 and pays $10,000 on Nov 24, 2026, earning $62.07. The investment rate is the bond-equivalent yield, the number to set beside a savings account or CD rate; the discount rate is the same result on Treasury's 360-day discount basis and is always a little lower.
When is the next 8-week T-bill auction?
The next 8-week bill auction is on Thursday, Oct 1, 2026, for $95B. Competitive bidding closes at 11:30 am Eastern on auction day and Treasury posts the results within minutes.
How much does $10,000 of the 8-week bill cost?
At the Sep 24, 2026 auction, $10,000 of face value cost $9,937.93. It pays $10,000 on Nov 24, 2026, 56 days after issue, so the bill earns $62.07. Individuals can place a non-competitive bid through TreasuryDirect (from $100) or most brokerages (usually from $1,000), up to $10 million per auction, and receive the rate the auction sets. Interest on Treasury bills is subject to federal income tax and exempt from state and local income tax.
What was the 8-week (2-month) T-bill rate a year ago?
4.045%, at the Sep 18, 2025 auction. The latest auction, on Sep 24, 2026, paid 4.071%, 3 bp higher.
What is the highest 8-week (2-month) T-bill rate since 2018?
5.537%, at the May 4, 2023 auction. The lowest was 0.000% on Mar 26, 2020. The record on this page starts with the Oct 16, 2018 auction.
How often does Treasury auction the 8-week bill?
Treasury held 53 8-week bill auctions in the last twelve months, usually on a Thursday. Every 8-week auction in the last twelve months reopened an existing bill, so a 8-week bill usually shares its CUSIP and maturity date with a longer bill sold earlier. The rate is set fresh at each auction either way.
Data: US Department of the Treasury (Fiscal Data and TreasuryDirect); Treasury's official results are linked on every auction. The $10,000 cost and earnings are TFTC's arithmetic from the price per $100. How to read the two rates, and how to buy at auction, is on the T-bill rates page. Full history as open JSON (CC BY 4.0). Not investment advice.