Weekly T-Bills Go At 0.085%, 0.110% 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 0.085% high rate, down from 0.095% the prior week, and the six-months incurred a 0.110% high rate, off from 0.115% the week before.

Coupon equivalents were 0.086% and 0.112%, respectively.

The price for the 91s was 99.978514 and that for the 182s was 99.944389.

The median bid on the 91s was 0.080%. The low bid was 0.050%.

Tenders at the high rate were allotted 46.60%. The bid-to-cover ratio was 4.92.

Tenders totaled $172,177,875,300 and the Treasury accepted $35,000,225,300 including $504,260,300 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.100%. The low bid was 0.085%.

Tenders at the high rate were allotted 14.69%. The bid-to-cover ratio was 5.00.

Tenders totaled $150,103,555,500 and the Treasury accepted $30,001,440,000, including $376,555,500 of non-competitive.

The Fed banks bought nothing for themselves.

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