You can now read 5 articles in a month for free on BostonGlobe.com. Read as much as you want anywhere and anytime for just 99¢.

T-bills up; storm delays yield news

WASHINGTON — Interest rates on short-term Treasury bills rose in Monday’s weekly auction.

The Treasury Department auctioned $32 billion in three-month bills at a discount rate of 0.125 percent, up from 0.100 percent last week. Another $28 billion in six-month bills was auctioned at 0.160 percent, up from 0.150 percent last week.

Continue reading below

The discount rates reflect that the bills sell for less than face value. For a $10,000 bill, the three-month price was $9,996.84; a six-month bill sold for $9,991.91. That equals an annualized rate of 0.127 percent for the three-month bills and 0.162 percent for the six-month bills.

Separately, the Federal Reserve said its weekly update on the average yield for one-year Treasury bills would be delayed because government offices were closed on Monday because of Hurricane Sandy.

Loading comments...

Wake up with today's top stories.

Want each day's news headlines delivered fresh to your
inbox every morning? Just connect with us
in one of the following ways:
or
Please enter a valid email
BostonGlobe.com will never post anything without asking.
Privacy Policy
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com