NEW YORK - The Treasury Department Wednesday auctioned $25 billion of four-week bills at a 0.140% high yield, a price of 99.988722.
Processing Content
The coupon equivalent was 0.142%. The bid-to-cover ratio was 4.71.
Tenders at the high rate were allotted 82.95%. The median yield was 0.130%. The low yield was 0.100%.
The bills have an issue date of October 14 and are due November 12.
Tenders totaled $117,839,434,000 and the Treasury accepted $25,000,034,500, including $329,105,800 non-competitive.
The Fed banks bought $2,418,028,000 for their own account in exchange for maturing securities.
