NEW YORK: The US Treasury Department on Monday sold $39 billion of three-month bills at an interest rate of 1.000 percent, matching the level set a three-month sale eight weeks ago, Treasury data showed.

A week ago, the Treasury sold three-month T-bills at an interest rate of 1.015 percent.

The ratio of bids to the amounts of three-month bills offered was 3.11, the lowest in a month and lower than the 3.52 recorded last week.

 

Copyright Reuters, 2017

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