NEW YORK - The Treasury Department Tuesday auctioned $25 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 4.91.
Tenders at the high rate were allotted 0.78%. The median yield was 0.130%. The low yield was 0.120%.
The bills have an issue date of January 13 and are due February 10.
Tenders totaled $122,680,640,500 and the Treasury accepted $25,001,150,500, including $273,841,600 non-competitive.
The Fed banks bought $5,937,991,000 for their own account in exchange for maturing securities.
