Weekly T-Bills Go At 0.045%, 0.080% 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 0.045% high rate, up from 0.040% the prior week, and the six-months incurred a 0.080% high rate, up from 0.075% the week before.

Coupon equivalents were 0.046% and 0.081%, respectively.

The price for the 91s was 99.988625 and that for the 182s was 99.959556.

The median bid on the 91s was 0.035%. The low bid was 0.025%.

Tenders at the high rate were allotted 19.06%. The bid-to-cover ratio was 4.86.

Tenders totaled $140,991,332,400 and the Treasury accepted $29,001,052,400 including $494,177,400 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.075%. The low bid was 0.050%.

Tenders at the high rate were allotted 22.36%. The bid-to-cover ratio was 5.25.

Tenders totaled $126,115,863,600 and the Treasury accepted $24,001,535,600, including $423,536,600 of non-competitive.

The Fed banks bought nothing for themselves.

 

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