Relive the excitement of the Patriots’ path to their fourth Super Bowl Championship with “Pumped,” a special commemorative book from The Boston Globe.

Rates fall on short-term T-bills

WASHINGTON — Interest rates on short-term Treasury bills fell in Monday’s auction to the lowest levels since December.

The Treasury Department auctioned $35 billion in three-month bills at a discount rate of 0.065 percent, down from 0.075 percent last week. Another $30 billion in six-month bills was auctioned at a discount rate of 0.095 percent, down from 0.105 percent last week.

Continue reading below

The three-month rate was the lowest since these bills averaged 0.040 percent on Dec. 17. The six-month rate was the lowest since these bills averaged 0.090 percent, also on Dec. 17.

The discount rates reflect that the bills sell for less than face value. For a $10,000 bill, the three-month price was $9,998.36 while a six-month bill sold for $9,995.20. That would equal an annualized rate of 0.066 percent for the three-month bills and 0.096 percent for the six-month bills.

Separately, the Federal Reserve said Monday that the average yield for one-year Treasury bills edged down to 0.13 percent last week from 0.14 percent the previous week.

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