NEW YORK - The Treasury Department Tuesday auctioned $25 billion of four-week bills at a 0.105% high yield, a price of 99.992125.
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The coupon equivalent was 0.106%. The bid-to-cover ratio was 5.08.
Tenders at the high rate were allotted 14.64%. The median yield was 0.100%. The low yield was 0.080%.
The bills have an issue date of November 12 and are due December 9.
Tenders totaled $126,995,477,200 and the Treasury accepted $25,000,198,000, including $282,540,900 non-competitive.
The Fed banks bought $2,418,028,000 for their own account in exchange for maturing securities.
