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The stop-out rate of the Treasury auction is 0.085%. What is the coupon rate on the...

The stop-out rate of the Treasury auction is 0.085%. What is the coupon rate on the auctioned security? E.g., if your answer is 1.375%, record it as 1.375.

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Answer #1

The annual coupon rate is rounded down from stop out yield to the nearest 1/8th
So, nearest 1/8th is 0.00%

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