Weekly T-Bills Go at 0.015%, 0.040% High Rates

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were unchanged, as the three-months incurred a 0.015% high rate, unchanged from 0.015% the prior week, and the six-months incurred a 0.040% high rate, unchanged from 0.040% the week before.

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Coupon equivalents were 0.015% and 0.041%, respectively.

The price for the 91s was 99.996208 and that for the 182s was 99.979778.

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

Tenders at the high rate were allotted 29.43%. The bid-to-cover ratio was 5.05.

Tenders totaled $121,248,623,400 and the Treasury accepted $24,000,638,400 including $411,512,400 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.035%. The low bid was 0.020%.

Tenders at the high rate were allotted 81.79%. The bid-to-cover ratio was 4.62.

Tenders totaled $110,916,133,100 and the Treasury accepted $24,001,163,600, including $356,953,100 of non-competitive.

The Fed banks bought nothing for themselves.

 


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