Weekly T-Bills Go at 0.015%, 0.065% 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 0.015% high rate, down from 0.020% the prior week, and the six-months incurred an 0.065% high rate, off from 0.085% the week before.

Processing Content

Coupon equivalents were 0.015% and 0.066%, respectively.

The price for the 91s was 99.996208 and that for the 182s was 99.967139.

The median bid on the 91s was 0.005%. The low bid was zero.

Tenders at the high rate were allotted 26.85%. The bid-to-cover ratio was 4.13.

Tenders totaled $107,294,837,800 and the Treasury accepted $26,000,662,800 including $393,435,800 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.060%. The low bid was 0.010%.

Tenders at the high rate were allotted 79.57%. The bid-to-cover ratio was 4.39.

Tenders totaled $114,180,665,200 and the Treasury accepted $26,000,027,700, including $416,515,200 of non-competitive.

The Fed banks bought nothing for themselves.


For reprint and licensing requests for this article, click here.
MORE FROM BOND BUYER
Load More