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

Short-term T-bill rates slide up

WASHINGTON — Interest rates on short-term Treasury bills rose in Monday’s auction to the highest levels since mid-October.

The Treasury Department auctioned $33 billion in three-month bills at a discount rate of 0.050 percent, up from 0.045 percent last week.

Continue reading below

Another $29 billion in six-month bills was auctioned at a discount rate of 0.085 percent, up from 0.080 percent last week.

The three-month rate was the highest since three-month bills averaged 0.130 percent on Oct. 15. The six-month rate was the highest since these bills averaged 0.150 percent, also on Oct. 15.

The discount rates reflect that the bills sell for less than face value. For a $10,000 bill, the three-month price was $9,998.74, while a six-month bill sold for $9,995.70.

That would equal an annualized rate of 0.051 percent for the three-month bills and 0.086 percent for the six-month bills.

Separately, the Federal Reserve said Monday that the average yield for one-year Treasury bills, a popular index for making changes in adjustable-rate mortgages, was 0.11 percent last week, unchanged from 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