Weekly T-Bills Go at 0.020%, 0.095% 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, down from 0.025% the prior week, and the six-months incurred a 0.095% high rate, up from 0.090% the week before.

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Coupon equivalents were 0.020% and 0.097%, respectively.

The price for the 91s was 99.994944 and that for the 182s was 99.951972.

The median bid on the 91s was 0.015%. The low bid was zero.

Tenders at the high rate were allotted 70.62%. The bid-to-cover ratio was 4.31.

Tenders totaled $103,349,996,000 and the Treasury accepted $24,000,426,000 including $355,056,000 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.090%. The low bid was 0.070%.

Tenders at the high rate were allotted 90.55%. The bid-to-cover ratio was 4.61.

Tenders totaled $110,674,104,900 and the Treasury accepted $24,000,754,900, including $292,917,900 of non-competitive.

The Fed banks bought nothing for themselves.


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