Weekly T-Bills Go at 0.020%, 0.085% High Rates

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were higher, as the three-months incurred a 0.020% high rate, up from 0.015% the prior week, and the six-months incurred a 0.085% high rate, up from 0.070% the week before.

Processing Content

Coupon equivalents were 0.020% and 0.086%, respectively.

The price for the 91s was 99.994944 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 39.03%. The bid-to-cover ratio was 4.43.

Tenders totaled $106,203,903,400 and the Treasury accepted $24,000,033,400 including $381,603,400 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.075%. The low bid was 0.060%.

Tenders at the high rate were allotted 79.73%. The bid-to-cover ratio was 4.25.

Tenders totaled $102,048,322,800 and the Treasury accepted $24,000,025,300, including $366,322,800 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