Weekly T-Bills Go At 0.300%, 0.495% Highs

Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were mixed, as the three-months incurred a 0.300% high rate, down from 0.325% the prior week, and the six-months incurred a 0.495% high rate, up from 0.470%.

Coupon equivalents were 0.304% and 0.503%, respectively. The price for the 91s was 99.924167 and that for the 182s was 99.749750.

The median bid on the 91s was 0.270%. The low bid was 0.200%. Tenders at the high rate were allotted 25.17%. The bid-to-cover ratio was 3.14. Tenders totaled $97,281,013,400 and the Treasury accepted $31,000,023,900, including $1,604,767,400 of noncompetitive.

The median bid for the 182s was 0.440%. The low bid was 0.350%. Tenders at the high rate were allotted 69.75%. The bid-to-cover ratio was 3.04. Tenders totaled $91,138,500,300 and the Treasury accepted $30,000,125,300, including $1,168,450,300 of noncompetitive.

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