The Namibia Press Agency, (NAMPA), was established in 1991 as a national news agency responsible for the distribution of local, regional and international news.

BC-US--Treasury Bills, 0209

Contributed by NAMPA / Associated Press.

Rates on US Treasury bills rise at weekly auction<
WASHINGTON (AP) - Interest rates on short-term Treasury bills rose in Monday's auction to their highest levels since the fall of 2008.
The Treasury Department auctioned $51 billion in three-month bills at a discount rate of 1.670 percent, up from 1.660 percent last week. Another $45 billion in six-month bills was auctioned at a discount rate of 1.850 percent, up from 1.830 percent last week.
The three-month rate was the highest since these ...