Treasury 4-Weeks Go At 0.000% High Yield

The Treasury Department Tuesday auctioned $30 billion of four-week bills at a 0.000% high yield and a price of 100.000000.

The coupon equivalent was 0.000%. The bid-to-cover ratio was 4.91.

Tenders at the high rate were allotted 91.32%. The median yield was zero. The low yield was zero. The bills have an issue date of Sept. 8 and are due Oct. 6.

Tenders totaled $147,292,890,200 and the Treasury accepted $30,002,674,300, including $229,865,800 of noncompetitive.

The Fed banks bought $6,285,071,700 for their own account in exchange for maturing securities.

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