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Auction Date: 01/27/26

StructureCUSIPStopMMYPct AcceptedCoverAmount (Mil)DEALER Pct
4 Week 313385TN6 3.639 3.649 25.000 4.107 1500.000 92.470
8 Week 313385US3 3.624 3.645 56.667 3.906 1750.000 80.580
13 Week 313385WD4 3.605 3.638 31.081 3.856 4500.000 91.670
17 Week 313385XH4 3.594 3.637 61.667 4.229 3250.000 92.620
26 Week 313385ZY5 3.544 3.609 35.200 7.123 1500.000 72.940

For more information, call 703-467-3648

Stop = highest all-in discount rate accepted
MMY = money market yield
Pct Accepted = percent of dealer bid at stop accepted
Cover = total par amount bid/issue size
DEALER Pct = (Total winning bids without investors / Total par amount) * 100