Business

Rates mixed on short-term T-bills

WASHINGTON — Interest rates on short-term Treasury bills were mixed in Monday’s auction with rates on three-month bills unchanged and rates on six-month bills at the highest level in four weeks.

The Treasury Department auctioned $32 billion in three-month bills at a discount rate of 0.075 percent, unchanged from last week. Another $28 billion in six-month bills was auctioned at a discount rate of 0.110 percent, up from 0.095 percent last week.

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The six-month rate was the highest since those bills averaged 0.120 percent on Jan. 2.

Separately, the Federal Reserve said Monday that the average yield for one-year Treasury bills edged up to 0.15 percent last week from 0.14 percent the previous week.

Associated Press

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