Treasury 4-Weeks Auctioned at 0.060% High Yield

The Treasury Department Tuesday auctioned $45 billion of four-week bills at a 0.060% high yield, a price of 99.995333.

The coupon equivalent was 0.061%. The bid-to-cover ratio was 3.86.

Tenders at the high rate were allotted 39.32%. The median rate was 0.050%. The low rate was 0.030%.

The bills have an issue date of November 21 and are due December 19.

Tenders totaled $173,879,609,400 and the Treasury accepted $45,000,539,400, including $226,958,100 non-competitive.

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

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