The Treasury Department yesterday auctioned $30 billion of four-week bills at a 0.030% high yield, a price of 99.997667.

The coupon equivalent was 0.030%. The bid-to-cover ratio was 3.07. Tenders at the high rate were allotted 82.56%. The median yield was 0.000%. The low yield was 0.000%. Tenders totaled $92,162,202,600 and the Treasury accepted $30,000,066,600, including $429,557,600 of noncompetitive.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.