U.S. 3-month bills high rate 3.800%
TLT•Treasury reports results for 3-month bill auction
WASHINGTON, Sept. 8 (Reuters) - The U.S. Treasury Department said its Dutch bidding auction of 3-month bills brought these results:
3-month bills
Rates
- High 3.800%
- Median 3.755%
- Low 3.680%
- Investment 3.890%
Price/acceptances
- Price 99.039444
- Accepted at high 20.33%
- Bid-to-cover ratio 2.61
Amounts tendered and accepted (dollars)
- Total accepted 92,000,147,200
- Total public bids tendered 240,330,703,200
- Competitive bids accepted 89,654,483,200
- Noncompetitive bids accepted 1,845,664,000
- Fed add-ons 7,067,657,200
Bills details
