Weekly T-Bills Go at 0.505%, 0.600% 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 0.505% high rate, down from 0.530% the prior week, and the six-months incurred a 0.600% high rate, off from 0.605% the week before.

Coupon equivalents were 0.513% and 0.610%, respectively.

The price for the 91s was 99.872347 and that for the 182s was 99.696667.

The median bid on the 91s was 0.490%. The low bid was 0.450%.

Tenders at the high rate were allotted 50.50%. The bid-to-cover ratio was 3.67.

Tenders totaled $124,888,849,200 and the Treasury accepted $34,000,019,200 including $376,824,200 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.585%. The low bid was 0.560%.

Tenders at the high rate were allotted 65.53%. The bid-to-cover ratio was 3.69.

Tenders totaled $103,325,446,400 and the Treasury accepted $28,000,130,400, including $399,382,400 of non-competitive.

The Fed banks bought nothing for themselves.

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