Weekly T-Bills Go at 0.025%, 0.070% 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 0.025% high rate, unchanged from 0.025% the prior week, and the six-months incurred a 0.070% high rate, up from 0.060% the week before.

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Coupon equivalents were 0.025% and 0.071%, respectively.

The price for the 91s was 99.993681 and that for the 182s was 99.964611.

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

Tenders at the high rate were allotted 24.98%. The bid-to-cover ratio was 4.50.

Tenders totaled $108,076,649,400 and the Treasury accepted $24,000,369,400 including $410,937,400 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.060%. The low bid was 0.040%.

Tenders at the high rate were allotted 33.82%. The bid-to-cover ratio was 3.83.

Tenders totaled $107,320,747,600 and the Treasury accepted $28,000,815,600, including $361,398,600 of non-competitive.

The Fed banks bought nothing for themselves.


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