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BUSINESS
May 8, 2007 | From Times Wire Services
The Treasury Department auctioned $13 billion in three-month bills at a discount rate of 4.760%, down from 4.785% last week. An additional $12 billion in six-month bills was auctioned at a discount rate of 4.815%, down from 4.820% last week. The discount rates reflect that the bills sell for less than face value. For a $10,000 bill, the three-month price was $9,879.68, while a six-month bill sold for $9,756.57.
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BUSINESS
April 10, 2007 | From the Associated Press
The Treasury Department auctioned $15 billion in three-month bills at a discount rate of 4.88%, down from 4.91% last week. An additional $13 billion in six-month bills was auctioned at a discount rate of 4.89%, up from 4.87% last week. The discount rates reflect that the bills sell for less than face value. For a $10,000 bill, the three-month price was $9,876.64 while a six-month bill sold for $9,752.78.
BUSINESS
March 27, 2007 | From the Associated Press
The Treasury Department auctioned $19 billion in three-month bills at a discount rate of 4.925%, down from 4.93% last week. An additional $15 billion in six-month bills was auctioned at a discount rate of 4.875%, down from 4.91% last week. The discount rates reflect that the bills sell for less than face value. For a $10,000 bill, the three-month price was $9,875.51; a six-month bill sold for $9,753.54.
BUSINESS
March 20, 2007 | From the Associated Press
The Treasury Department auctioned $20 billion in three-month bills at a discount rate of 4.93%, down from 4.965% last week. An additional $16 billion in six-month bills was auctioned at a discount rate of 4.91%, down from 4.92% last week. The discount rates reflect that the bills sell for less than face value. For a $10,000 bill, the three-month price was $9,875.38, and a six-month bill sold for $9,751.77.
BUSINESS
February 13, 2007 | From the Associated Press
The Treasury Department auctioned $19 billion in three-month bills at a discount rate of 5.025%, up from 5.01% last week. An additional $15 billion in six-month bills was auctioned at 4.965%, up from 4.955% last week. The three-month rate was the highest since Jan. 22, 2001, when it averaged 5.09%. The six-month rate was the highest since Jan. 29 of this year, when it was 4.98%. The discount rates reflect that the bills sell for less than face value.
BUSINESS
December 12, 2006 | From Times wire services
The Treasury Department auctioned $18 billion in three-month bills at a discount rate of 4.8%, down from 4.87% last week. An additional $16 billion in six-month bills was auctioned at a discount rate of 4.865%, up from 4.84% last week. The new discount rates understate the actual return to investors -- 4.926% for the three-month bills, with a $10,000 bill selling for $9,878.67, and 5.057% for a six-month bill selling for $9,754.05.
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