Weekly T-Bills Go At 0.100%, 0.150% High Rates

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were mixed, as the three-months incurred a 0.100% high rate, down from 0.105% the prior week, and the six-months incurred a 0.150% high rate, unchanged from 0.150% the week before.

Coupon equivalents were 0.101% and 0.152%, respectively.

The price for the 91s was 99.974722 and that for the 182s was 99.924167.

The median bid on the 91s was 0.090%. The low bid was 0.075%.

Tenders at the high rate were allotted 57.85%. The bid-to-cover ratio was 4.69.

Tenders totaled $149,940,562,300 and the Treasury accepted $32,000,427,300 including $650,812,300 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.140%. The low bid was 0.120%.

Tenders at the high rate were allotted 13.63%. The bid-to-cover ratio was 4.73.

Tenders totaled $132,497,943,300 and the Treasury accepted $28,001,653,800, including $574,943,300 of non-competitive.

The Fed banks bought nothing for themselves.

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