Weekly T-Bills Go At 0.020%, 0.050% High Rates

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were higher, as the three-months incurred a 0.020% high rate, up from 0.010% the prior week, and the six-months incurred a 0.050% high rate, up from 0.030% the week before.

Coupon equivalents were 0.020% and 0.052%, respectively.

The price for the 91s was 99.994944 and that for the 182s was 99.974722.

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

Tenders at the high rate were allotted 1.60%. The bid-to-cover ratio was 4.54.

Tenders totaled $136,124,271,600 and the Treasury accepted $30,000,071,600 including $502,352,600 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.045%. The low bid was 0.030%.

Tenders at the high rate were allotted 29.73%. The bid-to-cover ratio was 4.79.

Tenders totaled $119,755,224,000 and the Treasury accepted $25,000,211,800, including $392,124,000 of non-competitive.

The Fed banks bought nothing for themselves.

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