Weekly T-Bills Go At 0.055%, 0.075% 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 0.055% high rate, up from 0.040% the prior week, and the six-months incurred a 0.075% high rate, unchanged from 0.075% the week before.

Coupon equivalents were 0.056% and 0.076%, respectively.

The price for the 91s was 99.986097 and that for the 182s was 99.962083.

The median bid on the 91s was 0.045%. The low bid was 0.030%.

Tenders at the high rate were allotted 58.63%. The bid-to-cover ratio was 4.78.

Tenders totaled $143,313,402,100 and the Treasury accepted $30,000,512,100 including $483,402,100 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.070%. The low bid was 0.050%.

Tenders at the high rate were allotted 32.03%. The bid-to-cover ratio was 5.01.

Tenders totaled $125,135,774,900 and the Treasury accepted $25,000,504,900, including $451,737,900 of non-competitive.

The Fed banks bought nothing for themselves.

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