NEW YORK - The Treasury Department Tuesday auctioned $30 billion of four-week bills at a 0.065% high yield, a price of 99.994944.
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The coupon equivalent was 0.066%. The bid-to-cover ratio was 4.95.
Tenders at the high rate were allotted 52.89%. The median yield was 0.060%. The low yield was 0.050%.
The bills have an issue date of May 24 and are due June 21.
Tenders totaled $148,593,296,900 and the Treasury accepted $30,000,786,900, including $229,062,300 non-competitive.
The Fed banks bought $2,418,814,900 for their own account in exchange for maturing securities.
