Weekly T-Bills Go At 0.010%, 0.040% 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 0.010% high rate, off from 0.020% the prior week, and the six-months incurred a 0.040% high rate, down from 0.050% the week before.

Coupon equivalents were 0.010% and 0.041%, respectively.

The price for the 91s was 99.997472 and that for the 182s was 99.979778.

The median bid on the 91s was 0.005%. The low bid was zero.

Tenders at the high rate were allotted 41.19%. The bid-to-cover ratio was 4.57.

Tenders totaled $114,338,060,800 and the Treasury accepted $25,001,150,300 including $541,734,000 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.035%. The low bid was 0.010%.

Tenders at the high rate were allotted 85.89%. The bid-to-cover ratio was 4.67.

Tenders totaled $116,824,675,600 and the Treasury accepted $25,000,647,600, including $381,078,600 of non-competitive.

The Fed banks bought nothing for themselves.

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