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Short-term T-bill rates at record low

Associated Press / November 8, 2011

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Interest rates on short-term Treasury bills fell in Monday’s auction to record lows. The Treasury Department auctioned $29 billion in three-month bills at a discount rate of 0.005 percent, down from 0.010 percent last week. Another $27 billion in six-month bills was auctioned at a discount rate of 0.035 percent, down from 0.055 percent last week.

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