Weekly T-Bills Go At 0.030%, 0.055% 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 0.040% the prior week, and the six-months incurred a 0.055% high rate, off from 0.065% the week before.

Coupon equivalents were 0.030% and 0.056%, respectively.

The price for the 91s was 99.992417 and that for the 182s was 99.972194.

The median bid on the 91s was 0.025%. The low bid was 0.010%.

Tenders at the high rate were allotted 61.94%. The bid-to-cover ratio was 4.88.

Tenders totaled $146,316,800,700 and the Treasury accepted $30,000,720,700 including $454,275,700 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.050%. The low bid was 0.035%.

Tenders at the high rate were allotted 80.25%. The bid-to-cover ratio was 5.36.

Tenders totaled $133,982,866,600 and the Treasury accepted $25,000,116,600, including $362,579,600 of non-competitive.

The Fed banks bought nothing for themselves.

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