Weekly T-Bills Go at 0.530%, 0.580% 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 0.530% high rate, up from 0.510% the prior week, and the six-months incurred a 0.580% high rate, off from 0.590% the week before.

Coupon equivalents were 0.538% and 0.615%, respectively.

The price for the 91s was 99.866028 and that for the 182s was 99.694139.

The median bid on the 91s was 0.505%. The low bid was 0.450%.

Tenders at the high rate were allotted 38.41%. The bid-to-cover ratio was 3.22.

Tenders totaled $109,575,556,300 and the Treasury accepted $34,000,198,800 including $447,156,300 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.580%. The low bid was 0.550%.

Tenders at the high rate were allotted 24.51%. The bid-to-cover ratio was 3.35.

Tenders totaled $93,850,635,400 and the Treasury accepted $28,000,150,400, including $474,610,400 of non-competitive.

The Fed banks bought nothing for themselves.

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