NEW YORK - The Treasury Department today auctioned $26 billion of four-week bills at a 0.145% high yield, a price of 99.988722.
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The coupon equivalent was 0.147%. The bid-to-cover ratio was 4.35.
Tenders at the high rate were allotted 57.27%. The median yield was 0.130%. The low yield was 0.100%.
The bills have an issue date of April 15 and are due May 13.
Tenders totaled $113,024,340,400 and the Treasury accepted $26,000,894,400, including $246,616,400 non-competitive.
The Fed banks bought $3,781,546,000 for their own account in exchange for maturing securities.
