Weekly T-Bills Go At 0.035%, 0.055% 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 0.035% high rate, up from 0.030% the prior week, and the six-months incurred a 0.055% high rate, up from 0.050% the week before.

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Coupon equivalents were 0.035% and 0.056%, respectively.

The price for the 91s was 99.991153 and that for the 182s was 99.972194.

The median bid on the 91s was 0.025%. The low bid was 0.015%.

Tenders at the high rate were allotted 40.49%. The bid-to-cover ratio was 5.05.

Tenders totaled $126,352,799,700 and the Treasury accepted $25,000,284,700 including $400,782,700 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.045%. The low bid was 0.030%.

Tenders at the high rate were allotted 6.71%. The bid-to-cover ratio was 4.90.

Tenders totaled $112,677,510,500 and the Treasury accepted $23,000,441,500, including $319,585,500 of non-competitive.

The Fed banks bought nothing for themselves.


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