Weekly T-Bills Go At 0.035%, 0.060% 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 0.035% high rate, up from 0.010% the prior week, and the six-months incurred a 0.060% high rate, up from 0.040% the week before.

Coupon equivalents were 0.035% and 0.061%, respectively.

The price for the 91s was 99.991153 and that for the 182s was 99.969667.

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

Tenders at the high rate were allotted 24.81%. The bid-to-cover ratio was 3.88.

Tenders totaled $135,668,402,300 and the Treasury accepted $35,000,702,600 including $447,752,300 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.050%. The low bid was 0.010%.

Tenders at the high rate were allotted 23.19%. The bid-to-cover ratio was 4.40.

Tenders totaled $132,021,429,100 and the Treasury accepted $30,000,745,600, including $382,029,100 of non-competitive.

The Fed banks bought nothing for themselves.

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