Treasury Auction Results: Week of Feb 23, 2026
Treasury held 10 auctions in the week of Feb 23, 2026 (Feb 23 – Mar 1, 2026): 6 Treasury bills, 3 Treasury notes, 1 Treasury FRN, with total offering amounts of $736 billion.
U.S. Treasury securities: not FDIC-insured · not bank deposits · market value can change before maturity
Treasury bill rates this week
- 4-Week bill: 3.686% investment rate on Feb 26 (0.0 bp vs prior)
- 6-Week bill: 3.701% investment rate on Feb 24 (−0.5 bp vs prior)
- 8-Week bill: 3.701% investment rate on Feb 26 (0.0 bp vs prior)
- 13-Week bill: 3.673% investment rate on Feb 23 (−1.1 bp vs prior)
- 17-Week bill: 3.684% investment rate on Feb 25 (−0.5 bp vs prior)
- 26-Week bill: 3.639% investment rate on Feb 23 (+2.6 bp vs prior)
Notes, bonds, TIPS and FRNs this week
- 7-Year Treasury note: 3.790% high yield on Feb 26
- 5-Year Treasury note: 3.615% high yield on Feb 25
- 1-Year 11-Month Treasury FRN (reopening): 0.099% high discount margin on Feb 25
- 2-Year Treasury note: 3.455% high yield on Feb 24
All auction results, Feb 23 – Mar 1, 2026
| Auction date | Security | Term | CUSIP | Headline rate | Bid-to-cover | Change vs prior same-term | Source |
|---|---|---|---|---|---|---|---|
| Bill (reopening) | 8-Week | 912797TK3 | 3.701% inv. rate | 2.80 | 0.0 bp vs Feb 19 | results PDF | |
| Note | 7-Year | 91282CQC8 | 3.790% yield | 2.50 | −22.8 bp vs Jan 29 | results PDF | |
| Bill (reopening) | 4-Week | 912797TB3 | 3.686% inv. rate | 2.88 | 0.0 bp vs Feb 19 | results PDF | |
| Note | 5-Year | 91282CQD6 | 3.615% yield | 2.32 | −20.8 bp vs Jan 27 | results PDF | |
| Bill | 17-Week | 912797UC9 | 3.684% inv. rate | 3.20 | −0.5 bp vs Feb 18 | results PDF | |
| FRN (reopening) | 1-Year 11-Month | 91282CPX3 | 0.099% margin | 3.01 | 0.0 bp vs Jan 28 | results PDF | |
| Bill (reopening) | 6-Week | 912797SL2 | 3.701% inv. rate | 2.82 | −0.5 bp vs Feb 17 | results PDF | |
| Note | 2-Year | 91282CQB0 | 3.455% yield | 2.63 | −4.4 bp vs Dec 22 | results PDF | |
| Bill | 26-Week | 912797TY3 | 3.639% inv. rate | 3.03 | +2.6 bp vs Feb 17 | results PDF | |
| Bill (reopening) | 13-Week | 912797SW8 | 3.673% inv. rate | 3.30 | −1.1 bp vs Feb 17 | results PDF |
Source: U.S. Treasury Fiscal Data API, Treasury Securities Auctions Data, retrieved 2026-10-16 23:44 CDT; each row links to the official TreasuryDirect results PDF. Bills: investment rate (bond-equivalent) and discount rate. Notes/bonds: high yield and coupon. TIPS: high real yield (before inflation adjustment). FRNs: high discount margin. bp = basis points (0.01 percentage point). Change compares the headline rate with the prior auction of the same security type and term.
← Week of Feb 16, 2026 · Week of Mar 2, 2026 →
All weeks · Treasury auction results and schedule · National CD rates