Weekly T-Bills Go at 0.035%, 0.135% 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 0.035% high rate, up from 0.020% the prior week, and the six-months incurred a 0.135% high rate, up from 0.105% the week before.

Coupon equivalents were 0.036% and 0.137%, respectively.

The price for the 91s was 99.991153 and that for the 182s was 99.931750.

The median bid on the 91s was 0.020%. The low bid was zero.

Tenders at the high rate were allotted 5.83%. The bid-to-cover ratio was 3.90.

Tenders totaled $93,608,819,700 and the Treasury accepted $24,000,097,200 including $394,459,700 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.120%. The low bid was 0.090%.

Tenders at the high rate were allotted 34.23%. The bid-to-cover ratio was 3.66.

Tenders totaled $87,856,863,900 and the Treasury accepted $24,000,478,900, including $304,128,900 of non-competitive.

The Fed banks bought nothing for themselves.

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