Rates on Short-Term T-Bills Mixed in Auction
- Share via
The Treasury Department auctioned $17 billion in three-month bills at a discount rate of 3.135%, down from 3.145% last week. An additional $15 billion in six-month bills was auctioned at a discount rate of 3.355%, up from 3.325% last week.
The new discount rates understate the actual return to investors -- 3.204% for three-month bills, with a $10,000 bill selling for $9,920.75, and 3.46% for a six-month bill selling for $9,830.39.
Separately, the Federal Reserve said the average yield for one-year Treasury bills rose to 3.52% last week from 3.46% the previous week.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
