The Treasury Department yesterday auctioned $25 billion of four-week bills at a 0.100% high yield, a price of 99.992222.

The coupon equivalent was 0.101%. The bid-to-cover ratio was 3.00.

Tenders at the high rate were allotted 5.77%. The median yield was 0.000%. The low yield was 0.000%.

The bills have an issue date of Oct. 16 and are due Nov. 13.

Tenders totaled $80,381,763,000 and the Treasury accepted $26,442,547,000, including $557,495,000 of noncompetitive.

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