February 20, 2018 / 4:51 PM / 3 months ago

U.S. sells T-bills at highest interest rates since 2008

NEW YORK, Feb 20 (Reuters) - The U.S. Treasury Department on Tuesday sold record amounts of three-month and six-month bills at the highest interest rates for these maturities at auctions in more than nine years, Treasury data showed.

The Treasury sold $51 billion of three-month bills at an interest rate of 1.63 percent and $45 billion of six-month bills at an interest rate of 1.82 percent.

Reporting by Richard Leong Editing by Chizu Nomiyama

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