Weekly T-Bills Go at 0.040%, 0.145% 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 0.015% the prior week, and the six-months incurred a 0.145% high rate, up from 0.095% the week before.

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Coupon equivalents were 0.041% and 0.148%, respectively.

The price for the 91s was 99.989889 and that for the 182s was 99.926694.

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

Tenders at the high rate were allotted 16.84%. The bid-to-cover ratio was 3.69.

Tenders totaled $95,884,659,200 and the Treasury accepted $26,000,259,200 including $371,379,500 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.130%. The low bid was 0.080%.

Tenders at the high rate were allotted 42.54%. The bid-to-cover ratio was 3.59.

Tenders totaled $93,325,981,800 and the Treasury accepted $26,000,281,800, including $299,981,800 of non-competitive.

The Fed banks bought nothing for themselves.


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