December 30, 2019 / 6:14 PM / 25 days ago

U.S. sells $26 bln 1-year bills at high rate of 1.550%

NEW YORK, Dec 30 (Reuters) - The U.S. Treasury Department said on Monday its Dutch bidding auction of 1-year bills brought these results:

Term and Type of Security 364-Day Bill CUSIP Number 912796TY5 High Rate 1 1.550% Allotted at High 46.04% Price 98.432778 Investment Rate 2 1.595% Median Rate 3 1.520% Low Rate 4 1.490% Issue Date Jan. 02, 2020 Maturity Date Dec. 31, 2020

For more details, see here (Reporting by Karen Brettell; editing by Jonathan Oatis)

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