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

Tender rates for the Treasury Department's latest 91-day and 182-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 a 0.085% high rate, off from 0.110% the week before.

Processing Content

Coupon equivalents were 0.015% and 0.086%, respectively.

The price for the 91s was 99.996208 and that for the 182s was 99.957028.

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

Tenders at the high rate were allotted 50.22%. The bid-to-cover ratio was 3.82.

Tenders totaled $91,694,298,800 and the Treasury accepted $24,000,415,800 including $363,998,800 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.075%. The low bid was 0.055%.

Tenders at the high rate were allotted 10.02%. The bid-to-cover ratio was 4.03.

Tenders totaled $96,786,837,300 and the Treasury accepted $24,000,322,300, including $288,837,300 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