Weekly T-Bills Go at 0.015%, 0.085% High Rates

Tender rates for the Treasury Department's latest 91-day and 183-day discount bills were mixed, as the three-months incurred a 0.015% high rate, unchanged from 0.015% the prior week, and the six-months incurred an 0.085% high rate, up from 0.080% the week before.

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Coupon equivalents were 0.015% and 0.086%, respectively.

The price for the 91s was 99.996208 and that for the 183s was 99.956792.

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

Tenders at the high rate were allotted 24.14%. The bid-to-cover ratio was 4.70.

Tenders totaled $112,749,360,500 and the Treasury accepted $24,000,780,500 including $343,960,500 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 183s was 0.080%. The low bid was 0.060%.

Tenders at the high rate were allotted 75.36%. The bid-to-cover ratio was 4.45.

Tenders totaled $106,730,903,900 and the Treasury accepted $24,000,103,900, including $342,448,900 of non-competitive.

The Fed banks bought nothing for themselves.


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