The Treasury Department Tuesday auctioned $30 billion of four-week bills at a 0.040% high yield, a price of 99.996889.

The coupon equivalent was 0.041%. The bid-to-cover ratio was 4.79. Tenders at the high rate were allotted 11.45%. The median yield was 0.030%. The low yield was zero. Tenders totaled $143,846,051,100. The Treasury accepted $30,000,201,100, including $284,932,900 of noncompetitive.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.