Weekly T-Bills Go at 0.020%, 0.060% 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 0.020% high rate, unchanged from 0.020% the prior week, and the six-months incurred a 0.060% high rate, up from 0.055% the week before.

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Coupon equivalents were 0.020% and 0.061%, respectively.

The price for the 91s was 99.994944 and that for the 182s was 99.969667.

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

Tenders at the high rate were allotted 24.96%. The bid-to-cover ratio was 4.67.

Tenders totaled $112,044,263,000 and the Treasury accepted $24,000,583,000 including $345,263,000 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.050%. The low bid was 0.035%.

Tenders at the high rate were allotted 9.19%. The bid-to-cover ratio was 4.19.

Tenders totaled $125,759,730,800 and the Treasury accepted $30,000,527,300, including $319,028,800 of non-competitive.

The Fed banks bought nothing for themselves.


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