Weekly T-Bills Go at 0.015%, 0.080% 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 0.080% high rate, off from 0.085% the week before.

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Coupon equivalents were 0.015% and 0.081%, respectively.

The price for the 91s was 99.996208 and that for the 182s was 99.959556.

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

Tenders at the high rate were allotted 80.38%. The bid-to-cover ratio was 4.40.

Tenders totaled $105,590,365,300 and the Treasury accepted $24,000,071,300 including $349,365,300 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.075%. The low bid was 0.050%.

Tenders at the high rate were allotted 96.09%. The bid-to-cover ratio was 4.51.

Tenders totaled $108,122,269,400 and the Treasury accepted $24,000,039,400, including $329,989,400 of non-competitive.

The Fed banks bought nothing for themselves.


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