Weekly T-Bills Go At 0.030%, 0.065% High Rates

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.030% high rate, down from 0.035% the prior week, and the six-months incurred a 0.065% high rate, off from 0.070% the week before.

Coupon equivalents were 0.030% and 0.066%, respectively.

The price for the 91s was 99.992417 and that for the 182s was 99.967139.

The median bid on the 91s was 0.025%. The low bid was 0.020%.

Tenders at the high rate were allotted 97.68%. The bid-to-cover ratio was 4.54.

Tenders totaled $136,191,978,000 and the Treasury accepted $30,000,073,000 including $440,918,000 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.060%. The low bid was 0.045%.

Tenders at the high rate were allotted 38.28%. The bid-to-cover ratio was 5.10.

Tenders totaled $127,508,675,800 and the Treasury accepted $25,000,755,800, including $453,170,800 of non-competitive.

The Fed banks bought nothing for themselves.

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