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Bidding for U.S. 1-month bill supply highest since March
August 29, 2017 / 3:45 PM / 3 months ago

Bidding for U.S. 1-month bill supply highest since March

NEW YORK, Aug 29 (Reuters) - Demand at a $25 billion auction of U.S. one-month Treasury bills on Tuesday reached its highest level since early March, Treasury data showed.

The ratio of bids to the amount of one-month T-bills offered was 3.43, which was the highest since March 7 when it was 3.81. This gauge of overall auction demand was 3.06 last week. (Reporting by Richard Leong; Editing by Chizu Nomiyama)

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