Weekly T-Bills Go At 0.070%, 0.150% Highs

Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were mixed yesterday, as the three-months incurred a 0.070% high rate, down from 0.075% the prior week, and the six-months incurred an unchanged 0.150% high rate.

Coupon equivalents were 0.071% and 0.152%, respectively.

The price for the 91s was 99.982306 and that for the 182s was 99.924167. The median bid on the 91s was 0.050%. The low bid was 0.025%. Tenders at the high rate were allotted 47.63%. The bid-to-cover ratio was 3.96.

The median bid for the 182s was 0.140%. The low bid was 0.105%. Tenders at the high rate were allotted 73.32%. The bid-to-cover ratio was 3.80.

For reprint and licensing requests for this article, click here.
MORE FROM BOND BUYER