Weekly T-Bills Go At 0.050%, 0.080% High Rates

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were unchanged, as the three-months incurred a 0.050% high rate, unchanged from 0.050% the prior week, and the six-months incurred a 0.080% high rate, unchanged from 0.080% the week before.

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Coupon equivalents were 0.051% and 0.081%, respectively.

The price for the 91s was 99.987361 and that for the 182s was 99.959556.

The median bid on the 91s was 0.045%. The low bid was 0.020%.

Tenders at the high rate were allotted 89.69%. The bid-to-cover ratio was 4.42.

Tenders totaled $110,469,127,400 and the Treasury accepted $25,000,665,500 including $371,710,600 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.075%. The low bid was 0.050%.

Tenders at the high rate were allotted 33.92%. The bid-to-cover ratio was 4.86.

Tenders totaled $111,872,156,600 and the Treasury accepted $23,000,796,600, including $345,156,600 of non-competitive.

The Fed banks bought nothing for themselves.


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