Weekly T-Bills Go At 0.035%, 0.070% 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 0.035% high rate, down from 0.040% the prior week, and the six-months incurred a 0.070% high rate, unchanged from 0.070% the week before.

Coupon equivalents were 0.035% and 0.071%, respectively.

The price for the 91s was 99.991153 and that for the 182s was 99.964611.

The median bid on the 91s was 0.030%. The low bid was 0.020%.

Tenders at the high rate were allotted 25.95%. The bid-to-cover ratio was 4.67.

Tenders totaled $139,985,356,800 and the Treasury accepted $30,001,159,300 including $485,186,800 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.060%. The low bid was 0.050%.

Tenders at the high rate were allotted 20.31%. The bid-to-cover ratio was 5.31.

Tenders totaled $132,788,712,300 and the Treasury accepted $25,000,075,800, including $479,452,300 of non-competitive.

The Fed banks bought nothing for themselves.

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