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 mixed, as the three-months incurred a 0.050% high rate, unchanged from 0.050% the prior week, and the six-months incurred a 0.075% high rate, down from 0.080% 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 0.030%.

Tenders at the high rate were allotted 18.52%. The bid-to-cover ratio was 4.61.

Tenders totaled $115,299,492,900 and the Treasury accepted $25,000,854,900 including $463,868,900 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 56.04%. The bid-to-cover ratio was 5.05.

Tenders totaled $116,266,248,800 and the Treasury accepted $23,000,966,800, including $397,528,800 of non-competitive.

The Fed banks bought nothing for themselves.


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