Weekly T-Bills Go At 0.070%, 0.095% 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 0.070% high rate, down from 0.075% the prior week, and the six-months incurred a 0.095% high rate, off from 0.100% the week before.

Coupon equivalents were 0.071% and 0.096%, respectively.

The price for the 91s was 99.982306 and that for the 182s was 99.951972.

The median bid on the 91s was 0.065%. The low bid was 0.060%.

Tenders at the high rate were allotted 38.54%. The bid-to-cover ratio was 4.33.

Tenders totaled $138,680,000,000 and the Treasury accepted $31,518,000,000 including $484,000,000 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.090%. The low bid was 0.075%.

Tenders at the high rate were allotted 74.30%. The bid-to-cover ratio was 4.64.

Tenders totaled $125,394,000,000 and the Treasury accepted $27,030,000,000, including $367,000,000 of non-competitive.

The Fed banks bought nothing for themselves.

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