Weekly T-Bills Go at 0.040%, 0.065% High Rates

Tender rates for the Treasury Department's latest 91-day and 183-day discount bills were higher, as the three-months incurred a 0.040% high rate, up from 0.025% the prior week, and the six-months incurred a 0.065% high rate, up from 0.050% the week before.

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Coupon equivalents were 0.041% and 0.066%, respectively.

The price for the 91s was 99.989889 and that for the 183s was 99.966958.

The median bid on the 91s was 0.030%. The low bid was 0.010%.

Tenders at the high rate were allotted 6.33%. The bid-to-cover ratio was 4.10.

Tenders totaled $102,598,121,600 and the Treasury accepted $25,000,751,600 including $450,106,600 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 183s was 0.055%. The low bid was 0.040%.

Tenders at the high rate were allotted 19.51%. The bid-to-cover ratio was 4.41.

Tenders totaled $101,525,489,800 and the Treasury accepted $23,001,095,300, including $350,489,800 of non-competitive.

The Fed banks bought nothing for themselves.

 


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