Weekly T-Bills Go At 0.030%, 0.050% High Rates

Tender rates for the Treasury Department's latest 91-day and 183-day discount bills were mixed, as the three-months incurred a 0.030% high rate, up from 0.025% the prior week, and the six-months incurred a 0.050% high rate, unchanged from 0.050% the week before.

Processing Content

Coupon equivalents were 0.030% and 0.051%, respectively.

The price for the 91s was 99.992417 and that for the 183s was 99.974583.

The median bid on the 91s was 0.025%. The low bid was 0.010%.

Tenders at the high rate were allotted 86.12%. The bid-to-cover ratio was 4.93.

Tenders totaled $123,174,219,800 and the Treasury accepted $25,000,569,800 including $406,886,800 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 183s was 0.045%. The low bid was 0.030%.

Tenders at the high rate were allotted 88.17%. The bid-to-cover ratio was 5.19.

Tenders totaled $119,404,107,000 and the Treasury accepted $23,000,582,000, including $350,595,000 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