For Immediate Release CONTACT: Office of Financing
June 30, 2009 202-504-3550
TREASURY AUCTION RESULTS
Term and Type of Security 364-Day Bill
CUSIP Number 912795U66
High Rate1 0.545%
Allotted at High 60.39%
Price 99.448944
Investment Rate2 0.555%
Median Rate3 0.500%
Low Rate4 0.400%
Issue Date July 02, 2009
Maturity Date July 01, 2010
Tendered Accepted
Competitive $79,209,000,000 $26,848,290,000
Noncompetitive $151,787,700 $151,787,700
FIMA (Noncompetitive) $0 $0
Subtotal5 $79,360,787,700 $27,000,077,7006
SOMA $0 $0
Total $79,360,787,700 $27,000,077,700
Tendered Accepted
Primary Dealer7 $55,300,000,000 $10,681,170,000
Direct Bidder8 $6,166,000,000 $1,477,365,000
Indirect Bidder9 $17,743,000,000 $14,689,755,000
Total Competitive $79,209,000,000 $26,848,290,000
1 6
All tenders at lower rates were accepted in full. Awards to combined Treasury Direct systems = $111,655,700.
2 7
Equivalent coupon-issue yield. Primary dealers as submitters bidding for their own house accounts.
3 8
50% of the amount of accepted competitive tenders was tendered at or below Non-Primary dealer submitters bidding for their own house accounts.
that rate. 9
Customers placing competitive bids through a direct submitter, including
4 Foreign and International Monetary Authorities placing bids through the
5% of the amount of accepted competitive tenders was tendered at or below
that rate. Federal Reserve Bank of New York.
5
Bid-to-Cover Ratio: $79,360,787,700/$27,000,077,700 = 2.94