The U.S. Treasury Department auctioned the following Treasury securities today.
4-week bill: $31 billion
- Primary Dealer: $15.72 billion
- Indirect Bidder: $11.28 billion
- Indirect Bidder Percentage: 36.4%
- Bid to Cover Ratio: 3.81
In addition, SOMA* purchased $2.42 billion.
Total for the month of July 2009 so far: $395 billion
- Bills: $322 billion
- Notes and bonds: $73 billion
Additional purchase by SOMA for the month of July 2009 so far: $8.71 billion
- Bills: $8.71 billion