Dollars and Jens

The brothers Jens talk finance, economics, and the like.

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Dollars and Jens

Wednesday, September 17, 2008

cash-management T-bill auction

Term:                         35-Day
High Rate:                    0.300%
Investment Rate*:             0.304%
Price:                        $99.970833
Allotted at High:             83.72%
Total Tendered**:             $98,002,170
Total Accepted**:             $40,000,050
Issue Date:                   09/18/2008
Maturity Date:                10/23/2008
CUSIP:                        912795H38

Most cash-management bills are shorter than 35 days.

- posted by dWj @ 1:25 PM