Weekly T-Bills Go at 0.010%, 0.030% Highs

Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were mixed, as the three-months incurred a 0.010% high rate, unchanged from 0.010% the previous week, and the six-months incurred a 0.030% high rate, down from 0.050% .

Coupon equivalents were 0.010% and 0.031%, respectively. The price for the 91s was 99.997472 and that for the 182s was 99.984833.

The median bid on the 91s was zero. The low bid was zero. Tenders at the high rate were allotted 22.51%. The bid-to-cover ratio was 4.70. Tenders totaled $136,262,870,600 and the Treasury accepted $29,000,993,100, including $841,130,600 of noncompetitive.

The median bid for the 182s was 0.025%. The low bid was zero. Tenders at the high rate were allotted 27.19%. The bid-to-cover ratio was 5.48. Tenders totaled $148,048,369,800 and the Treasury accepted $27,000,510,300, including $633,619,800 of noncompetitive.

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