Canada Auctions $2.86B Of T-Bills

The Canadian government has auctioned 15-day Treasury bills worth $2.86 billion.

The Canadian government has auctioned 15-day Treasury bills (T-bills) worth $2.86 billion, The Wall Street Journal report. The bills will mature on October 4. The Bank of Canada did not buy any of the new bills. The allotment ratio at the high accepted yield was 8.80 percent. The high accepted yield bid at the sale was 0.96 percent and the low 0.91 percent.

Click here for the story from The Wall Street Journal.