NEW YORK - The Treasury Department today auctioned $32 billion of four-week bills at a 0.150% high yield, a price of 99.988333.
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The coupon equivalent was 0.152%. The bid-to-cover ratio was 4.16.
Tenders at the high rate were allotted 63.33%. The median yield was 0.140%. The low yield was 0.100%.
The bills have an issue date of July 15 and are due August 12.
Tenders totaled $132,999,266,800 and the Treasury accepted $32,000,533,300, including $212,974,500 non-competitive.
The Fed banks bought $6,285,071,700 for their own account in exchange for maturing securities.
