Treasury 4-Weeks Auctioned at 0.015% High Yield

The Treasury Department Tuesday auctioned $30 billion of four-week bills at a 0.015% high yield, a price of 99.998833.

The coupon equivalent was 0.015%. The bid-to-cover ratio was 3.84.

Tenders at the high rate were allotted 66.72%. The median rate was 0.005%. The low rate was zero.

The bills have an issue date of Jan. 15 and are due Feb. 12.

Tenders totaled $115,163,903,900 and the Treasury accepted $30,000,463,900, including $264,806,900 non-competitive.

The Fed banks bought nothing for their own account in exchange for maturing securities.