Weekly T-Bills Go at 0.020%, 0.055% 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 0.020% high rate, unchanged from 0.020% the prior week, and the six-months incurred a 0.055% high rate, up from 0.050% the week before.

Coupon equivalents were 0.020% and 0.056%, respectively.

The price for the 91s was 99.994944 and that for the 182s was 99.972194.

The median bid on the 91s was 0.010%. The low bid was zero.

Tenders at the high rate were allotted 13.02%. The bid-to-cover ratio was 4.83.

Tenders totaled $115,893,875,800 and the Treasury accepted $24,000,225,800 including $369,575,800 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.045%. The low bid was 0.030%.

Tenders at the high rate were allotted 58.84%. The bid-to-cover ratio was 4.03.

Tenders totaled $121,015,411,700 and the Treasury accepted $30,000,065,700, including $282,411,700 of non-competitive.

The Fed banks bought nothing for themselves.

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