NEW YORK - The Treasury Department today auctioned $30 billion of four-week bills at a 0.060% high yield, a price of 99.995333.
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The coupon equivalent was 0.061%. The bid-to-cover ratio was 4.33.
Tenders at the high rate were allotted 43.45%. The median yield was 0.050%. The low yield was zero.
The bills have an issue date of Nov. 12 and are due Dec. 10.
Tenders totaled $129,909,544,800 and the Treasury accepted $30,000,419,800, including $259,657,800 non-competitive.
The Fed banks bought $2,418,028,000 for their own account in exchange for maturing securities.
