By Marisa Wong
Madison, Wis., Dec. 14 - Bank of Canada said it priced C$2.8 billion of Government of Canada treasury bills due Jan. 6, 2012 in an auction on Wednesday.
The average price is 99.94231, and the average yield is 0.916%.
Bids were received for C$6.75 billion of the bills. There were no non-competitive bids.
The allotment ratio was 19.24%.
| Issuer: | Bank of Canada
|
| Issue: | Government of Canada treasury bills
|
| Amount: | C$2.8 billion
|
| Maturity: | Jan. 6, 2012
|
| Average price: | 99.94231
|
| Average yield: | 0.916%
|
| Auction date: | Dec. 14
|
| Settlement date: | Dec. 14
|
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