Weekly T-Bills Go At 0.045%, 0.085% 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 0.045% high rate, unchanged from 0.045% the prior week, and the six-months incurred a 0.085% high rate, up from 0.080% the week before.

Coupon equivalents were 0.046% and 0.086%, respectively.

The price for the 91s was 99.988625 and that for the 182s was 99.957028.

The median bid on the 91s was 0.035%. The low bid was 0.020%.

Tenders at the high rate were allotted 50.35%. The bid-to-cover ratio was 4.54.

Tenders totaled $136,217,117,900 and the Treasury accepted $30,000,030,400 including $487,003,000 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 2.34%. The bid-to-cover ratio was 4.67.

Tenders totaled $116,681,835,100 and the Treasury accepted $25,001,197,100, including $416,105,100 of non-competitive.

The Fed banks bought nothing for themselves.

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