Treasury Four-Weeks Go At 0.145% High Yield

The Treasury Department yesterday auctioned $26 billion of four-week bills at a 0.145% high yield, a price of 99.988722.

The coupon equivalent was 0.147%. The bid-to-cover ratio was 4.35.

Tenders at the high rate were allotted 57.27%.

The median yield was 0.130%. The low yield was 0.100%.

The bills have an issue date of April 15 and are due May 13.

Tenders totaled $113,024,340,400 and the Treasury accepted $26,000,894,400, including $246,616,400 of noncompetitive.

In addition, the Federal Reserve banks bought $3,781,546,000 for their own account in exchange for maturing securities.

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