Weekly T-Bills Go At 0.050%, 0.085% High Rates

Tender rates for the Treasury Department's latest 90-day and 181-day discount bills were lower, as the three-months incurred a 0.050% high rate, down from 0.060% the prior week, and the six-months incurred a 0.085% high rate, off from 0.105% the week before.

Coupon equivalents were 0.051% and 0.086%, respectively.

The price for the 91s was 99.987500 and that for the 182s was 99.957264.

The median bid on the 91s was 0.045%. The low bid was 0.020%.

Tenders at the high rate were allotted 46.95%. The bid-to-cover ratio was 4.29.

Tenders totaled $128,776,400,600 and the Treasury accepted $30,000,188,100 including $559,149,100 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.080%. The low bid was 0.060%.

Tenders at the high rate were allotted 51.89%. The bid-to-cover ratio was 4.91.

Tenders totaled $122,707,754,900 and the Treasury accepted $25,000,648,400, including $399,479,900 of non-competitive.

The Fed banks bought nothing for themselves.

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