Weekly T-Bills Go At 0.055%, 0.090% 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 0.055% high rate, down from 0.065% the prior week, and the six-months incurred a 0.090% high rate, off from 0.095% the week before.

Coupon equivalents were 0.056% and 0.091%, respectively.

The price for the 91s was 99.986097 and that for the 182s was 99.954500.

The median bid on the 91s was 0.050%. The low bid was 0.040%.

Tenders at the high rate were allotted 90.76%. The bid-to-cover ratio was 4.40.

Tenders totaled $154,168,426,800 and the Treasury accepted $35,000,746,800 including $541,849,800 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.080%. The low bid was 0.060%.

Tenders at the high rate were allotted 22.79%. The bid-to-cover ratio was 4.85.

Tenders totaled $145,547,444,800 and the Treasury accepted $30,000,791,800, including $431,379,800 of non-competitive.

The Fed banks bought nothing for themselves.

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