Weekly T-Bills Go at 0.760%, 0.890% 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 0.760% high rate, down from 0.780% the prior week, and the six-months incurred an 0.890% high rate, off from 0.910% the week before.

Coupon equivalents were 0.772% and 0.906%, respectively.

The price for the 91s was 99.807889 and that for the 182s was 99.550056.

The median bid on the 91s was 0.730%. The low bid was 0.700%.

Tenders at the high rate were allotted 41.98%. The bid-to-cover ratio was 3.08.

Tenders totaled $120,300,610,800 and the Treasury accepted $39,000,374,800 including $492,933,300 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.860%. The low bid was 0.840%.

Tenders at the high rate were allotted 46.48%. The bid-to-cover ratio was 3.10.

Tenders totaled $102,411,580,100 and the Treasury accepted $33,000,140,100, including $402,238,100 of non-competitive.

The Fed banks bought nothing for themselves.

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