Weekly T-Bills Go at 0.025%, 0.075% 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 0.075% high rate, off from 0.085% the week before.

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Coupon equivalents were 0.025% and 0.076%, respectively.

The price for the 91s was 99.993681 and that for the 182s was 99.962083.

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

Tenders at the high rate were allotted 36.22%. The bid-to-cover ratio was 4.31.

Tenders totaled $103,507,343,900 and the Treasury accepted $24,000,183,900 including $373,040,500 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.070%. The low bid was 0.060%.

Tenders at the high rate were allotted 59.83%. The bid-to-cover ratio was 4.18.

Tenders totaled $100,371,110,600 and the Treasury accepted $24,000,428,100, including $460,485,600 of non-competitive.

The Fed banks bought nothing for themselves.


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