Treasury bill rates fall at auction
Associated Press
/
December 6, 2011
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Interest rates on short-term Treasury bills fell in Monday’s auction with rates on three-month bills matching a record low. The Treasury Department auctioned $29 billion in three-month bills at a discount rate of 0.005 percent, down from 0.03 percent last week. Another $27 billion in six-month bills was auctioned at a discount rate of 0.05 percent, down from 0.07 percent last week.
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