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On the day following an auction of US Treasury Securities the Auction Results are printed in the Wall Street Journal. Below is a picture of
On the day following an auction of US Treasury Securities the Auction Results are printed in the Wall Street Journal. Below is a picture of what appeared in the Journal of November 11th on Page B11. Are the Auction Results right, wrong or a little of both? You may need to do some research to document your answer. Put your answers in Excel, on lines 1, 2 and 3. 1. They are right because: 2. They are wrong because: 3. They are both right and wrong: AUCTIONRESULTS Both issues are dated Nov. 15, 2022. The 13-week bills Here are the results of Thursday's Treasury auctions. mature on Dec. 13, 2022; the 26-week bills mature on All bids are awarded at a single price at the market- Jan. 10, 2023. clearing yield. Rates are determined by the difference between that price and the face value. ZN-VEAD RONNC On the day following an auction of US Treasury Securities the Auction Results are printed in the Wall Street Journal. Below is a picture of what appeared in the Journal of November 11th on Page B11. Are the Auction Results right, wrong or a little of both? You may need to do some research to document your answer. Put your answers in Excel, on lines 1, 2 and 3. 1. They are right because: 2. They are wrong because: 3. They are both right and wrong: AUCTIONRESULTS Both issues are dated Nov. 15, 2022. The 13-week bills Here are the results of Thursday's Treasury auctions. mature on Dec. 13, 2022; the 26-week bills mature on All bids are awarded at a single price at the market- Jan. 10, 2023. clearing yield. Rates are determined by the difference between that price and the face value. ZN-VEAD RONNC
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