Weekly T-Bills Go At 0.070%, 0.110% High Rates

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were mixed, as the three-months incurred a 0.070% high rate, down from 0.075% the prior week, and the six-months incurred a 0.110% high rate, unchanged from 0.110% the week before.

Coupon equivalents were 0.071% and 0.112%, respectively.

The price for the 91s was 99.982306 and that for the 182s was 99.944389.

The median bid on the 91s was 0.060%. The low bid was 0.045%.

Tenders at the high rate were allotted 73.25%. The bid-to-cover ratio was 4.72.

Tenders totaled $151,186,267,400 and the Treasury accepted $32,000,267,400 including $505,963,400 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.105%. The low bid was 0.080%.

Tenders at the high rate were allotted 53.35%. The bid-to-cover ratio was 4.92.

Tenders totaled $137,656,150,600 and the Treasury accepted $28,001,068,100, including $491,566,600 of non-competitive.

The Fed banks bought nothing for themselves.

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