13-Week T-Bills Go at 0.530% High Rate

The high tender rate for the Treasury Department's latest 91-day discount bills was 0.530%, up from 0.490% the prior week.

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The coupon equivalent was 0.538%.

The price for the 91s was 99.866028.

The median bid on the 91s was 0.510%. The low bid was 0.430%.

Tenders at the high rate were allotted 37.90%. The bid-to-cover ratio was 3.71.

Tenders totaled $126,063,158,000 and the Treasury accepted $34,000,554,000 including $442,648,000 of non-competitive.

The Fed banks bought nothing for themselves.


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