Government bond auction · United States
United States 6-Week Bill Auction
The United States 6-Week Bill Auction is a sale of new government debt by the United States's treasury or debt agency to investors.
- Importance
- Low
- Released
- Weekly
- Next release
- Currency
- USD · US dollar
- Central bank
- The Federal Reserve
Latest figures
The latest release, published on 27 October 2026, came in at 3.950%, down from 3.975% the time before.
Over the last 12 releases it ranged from 3.645% to 3.980%, averaging 3.832%; it has been falling for three releases in a row.
| Released | For | Actual | Consensus | Previous |
|---|---|---|---|---|
| 27 Oct 2026 | – | 3.950% | – | 3.975% |
| 20 Oct 2026 | – | 3.975% | – | 3.980% |
| 13 Oct 2026 | – | 3.980% | – | 3.945% |
| 6 Oct 2026 | – | 3.945% | – | 3.970% |
| 29 Sep 2026 | – | 3.970% | – | 3.870% |
| 22 Sep 2026 | – | 3.870% | – | 3.850% |
| 15 Sep 2026 | – | 3.850% | – | 3.740% |
| 8 Sep 2026 | – | 3.740% | – | 3.735% |
| 1 Sep 2026 | – | 3.735% | – | 3.650% |
| 25 Aug 2026 | – | 3.650% | – | 3.645% |
| 18 Aug 2026 | – | 3.645% | – | 3.670% |
| 11 Aug 2026 | – | 3.670% | – | 3.640% |
Why it matters
Auctions show the demand for a country's debt. A weak auction (low cover ratio, a yield above where the bond traded before the sale, the "tail") can push yields up across the market; a strong one calms them. In times of fiscal stress auctions get close attention.
How it is calculated
Bidders submit the yield (or price) at which they will buy; the debt office allocates from the lowest yield up until the amount is sold. The release reports the average or highest yield and the bid-to-cover ratio.
Bid-to-cover = amount bid ÷ amount soldWhat changes mean
- Bid-to-cover above its recent average and no tail: solid demand.
- Index-linked and green bonds are smaller auctions with their own investor base.
A short history
Most governments moved from fixed-price syndicates to regular auctions in the 1970s–1990s; the US Treasury has auctioned bills since 1929.
Questions
What is the United States 6-Week Bill Auction?
The United States 6-Week Bill Auction is a sale of new government debt by the United States's treasury or debt agency to investors.
What was the latest United States 6-Week Bill Auction?
3.950%, published on 27 October 2026.
When is the next United States 6-Week Bill Auction?
On Tuesday 3 November 2026 at 16:30 UTC.
Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.