Weekly T-Bills Go At 0.155%, 0.195% Highs

Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were mixed Monday, as the three-months incurred a 0.155% high rate, up from 0.150% the prior week, and the six-months incurred a 0.195% high rate, down from 0.200%.

Coupon equivalents were 0.157% and 0.198%, respectively.

The price for the 91s was 99.960819 and that for the 182s was 99.901417. The median bid on the 91s was 0.140%. The low bid was 0.100%. Tenders at the high rate were allotted 41.51%. The bid-to-cover ratio was 4.29. Tenders totaled $128,644,513,100 and the Treasury accepted $30,000,298,100, including $1,190,496,100 of noncompetitive.

The median bid for the 182s was 0.180%. The low bid was 0.145%. Tenders at the high rate were allotted 2.78%. The bid-to-cover ratio was 4.19. Tenders totaled $125,588,360,500 and the Treasury accepted $30,000,438,500, including $970,010,500 of non-comp.

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