U.S. 4-Week Bills High Rate 3.730%
TLT•Auction mechanics
Dutch auctions are also called uniform-price auctions. Successful bidders pay only the price of the lowest accepted bid, rather than the actual price they bid as in a multiple-price auction.
U.S. Treasury 4-week bill auction results
WASHINGTON, July 23 (Reuters) - The U.S. Treasury Department said its Dutch bidding auction of 4-week bills brought these results:
4-WEEK BILLS
RATES
- High 3.730%
- Median 3.680%
- Low 3.620%
- Investment 3.793%
PRICE/ACCEPTANCES
- Price 99.709889
- Accepted at high 11.81%
- Bid-to-cover ratio 2.79
AMOUNTS TENDERED AND ACCEPTED (dollars)
- Total accepted 110,000,727,400
- Total public bids tendered 306,487,557,900
- Competitive bids accepted 102,405,714,500
- Noncompetitive bids accepted 5,695,012,900
- Fed add-ons 6,590,893,500
BILLS DETAILS
