Weekly T-Bills Go at 0.335%, 0.480% 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 0.335% high rate, up from 0.310% the prior week, and the six-months incurred a 0.480% high rate, up from 0.450% the week before.

Coupon equivalents were 0.340% and 0.488%, respectively.

The price for the 91s was 99.915319 and that for the 182s was 99.757333.

The median bid on the 91s was 0.315%. The low bid was 0.280%.

Tenders at the high rate were allotted 62.99%. The bid-to-cover ratio was 3.30.

Tenders totaled $132,195,605,100 and the Treasury accepted $40,000,255,100 including $378,605,100 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.465%. The low bid was 0.440%.

Tenders at the high rate were allotted 10.83%. The bid-to-cover ratio was 3.80.

Tenders totaled $129,214,591,600 and the Treasury accepted $34,000,013,100, including $327,759,600 of non-competitive.

The Fed banks bought nothing for themselves.

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