Weekly T-Bills Go At 0.050%, 0.075% High Rates

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.050% high rate, off from 0.095% the prior week, and the six-months incurred a 0.075% high rate, down from 0.110% the week before.

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Coupon equivalents were 0.051% and 0.076%, respectively.

The price for the 91s was 99.987361 and that for the 182s was 99.962083.

The median bid on the 91s was 0.040%. The low bid was 0.020%.

Tenders at the high rate were allotted 46.94%. The bid-to-cover ratio was 4.34.

Tenders totaled $130,192,161,500 and the Treasury accepted $30,001,069,500 including $471,229,500 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.070%. The low bid was 0.050%.

Tenders at the high rate were allotted 69.18%. The bid-to-cover ratio was 4.07.

Tenders totaled $122,090,712,100 and the Treasury accepted $30,000,842,100, including $449,265,100 of non-competitive.

The Fed banks bought nothing for themselves.


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