Treasury 4-Week Bills Go At 2.500% High Yield

The Treasury Department yesterday auctioned $27 billion of four-week bills at a 2.500% high yield, a price of 99.805556.

The coupon equivalent was 2.547%. The bid-to-cover ratio was 2.56. Tenders at the high rate were allotted 94.05%. The median yield was 2.400%. The low yield was 2.350%.

For reprint and licensing requests for this article, click here.
MORE FROM BOND BUYER