T-Bill Yields Mixed: Yields were mixed on...
From Times Staff and Wire reports
T-Bill Yields Mixed: Yields were mixed on 13-week and 26-week T-bills at the government’s weekly auction. The Treasury Department auctioned $10.01 billion of 13-week bills at an average discount of 6.78%, down from 6.86% last week and the lowest since July 18, 1988, when the auction yielded 6.76%. The Treasury also sold $10.03 billion of 26-week bills at an average of 6.77%, up from 6.74% last week and the highest since Dec. 3, 1990, when the yield was 6.96%. The investment rate was 6.99% on 13-week bills at an average price of $9,826.60 per $10,000 face value. The rate on 26-week bills was 7.11% at $9,657.70.
T-Bill Auction 3-month: 6.78% 6-month: 6.77%
