Business & Finance

US 1-month bills sold at same interest rate as week ago

Published November 17, 2015 Updated November 17, 2015 07:55pm

1 min

By Shoaib Ur Rehman

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NEW YORK: US Treasury Department on Tuesday sold a record $55 billion in one-month bills at an interest rate of 0.075 percent, matching the level set at the prior auction last week, Treasury data showed.

The ratio on bids to the amount of the latest one-month issue offered was 3.41, rebounding from last week's 3.34 which was the lowest since Aug. 25.

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