Weekly T-Bills Go at 0.030%, 0.135% 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 0.030% high rate, up from 0.015% the prior week, and the six-months incurred a 0.135% high rate, up from 0.100% the week before.

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Coupon equivalents were 0.031% and 0.137%, respectively.

The price for the 91s was 99.992417 and that for the 182s was 99.931750.

The median bid on the 91s was 0.020%. The low bid was zero.

Tenders at the high rate were allotted 31.54%. The bid-to-cover ratio was 3.87.

Tenders totaled $92,018,683,000 and the Treasury accepted $24,000,343,000 including $371,686,200 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.125%. The low bid was 0.070%.

Tenders at the high rate were allotted 64.37%. The bid-to-cover ratio was 3.67.

Tenders totaled $88,064,339,000 and the Treasury accepted $24,000,144,000, including $442,839,000 of non-competitive.

The Fed banks bought nothing for themselves.


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