NEW YORK - The Treasury Department Tuesday auctioned $30 billion of four-week bills at a 0.010% high yield, a price of par.
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The coupon equivalent was 0.010%. The bid-to-cover ratio was 4.66.
Tenders at the high rate were allotted 14.55%. The median yield was zero. The low yield was zero.
The bills have an issue date of Oct. 13 and are due Nov. 10.
Tenders totaled $139,744,473,400 and the Treasury accepted $30,000,941,400, including $206,542,600 non-competitive.
The Fed banks bought $2,418,028,000 for their own account in exchange for maturing securities.
