NEW YORK - The Treasury Department Tuesday auctioned $34 billion of four-week bills at a 0.155% high yield, a price of 99.987944.
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The coupon equivalent was 0.157%. The bid-to-cover ratio was 4.19.
Tenders at the high rate were allotted 34.85%. The median yield was 0.145%. The low yield was 0.100%.
The bills have an issue date of August 26 and are due September 23.
Tenders totaled $142,236,430,200 and the Treasury accepted $34,000,205,200, including $283,924,400 non-competitive.
The Fed banks bought $5,937,991,000 for their own account in exchange for maturing securities.
