Weekly T-Bills Go At 0.040%, 0.075% 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 0.040% high rate, up from 0.030% the prior week, and the six-months incurred a 0.075% high rate, up from 0.065% the week before.

Coupon equivalents were 0.041% and 0.076%, respectively.

The price for the 91s was 99.989889 and that for the 182s was 99.962083.

The median bid on the 91s was 0.035%. The low bid was 0.020%.

Tenders at the high rate were allotted 93.60%. The bid-to-cover ratio was 4.73.

Tenders totaled $141,825,492,400 and the Treasury accepted $30,000,372,000 including $466,017,400 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.065%. The low bid was 0.050%.

Tenders at the high rate were allotted 44.89%. The bid-to-cover ratio was 5.13.

Tenders totaled $128,177,651,100 and the Treasury accepted $25,000,746,100, including $467,176,100 of non-competitive.

The Fed banks bought nothing for themselves.

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