U.S. 4-week bills high rate 0.000 pct
WASHINGTON, Sept. 13 (Reuters) - The U.S. Treasury Department said its Dutch bidding auction of 4-week bills brought these results:
4-WEEK BILLS
RATES
High 0.000 pct
Median 0.000 pct
Low 0.000 pct
Investment 0.000 pct
PRICE/ACCEPTANCES
Price 100.000000
Accepted at high 44.37 pct
Bid-to-cover ratio 5.69
AMOUNTS TENDERED AND ACCEPTED (dollars)
Total accepted 27,002,387,900
Total public bids tendered 153,710,790,800
Competitive bids accepted 26,818,486,900
Noncompetitive bids accepted 183,901,000
Fed add-ons 2,418,028,000
BILLS DETAILS
Issued date Sept. 15, 2011
Maturity date Oct. 13, 2011
CUSIP number 9127953P4
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.
For related historical price quotes please click on <US/AUCTION>
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