Weekly T-Bills Go At 0.050%, 0.085% 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, down from 0.055% the prior week, and the six-months incurred a 0.085% high rate, off from 0.090% the week before.

Coupon equivalents were 0.051% and 0.086%, respectively.

The price for the 91s was 99.987361 and that for the 182s was 99.957028.

The median bid on the 91s was 0.045%. The low bid was 0.030%.

Tenders at the high rate were allotted 10.16%. The bid-to-cover ratio was 4.75.

Tenders totaled $152,056,520,400 and the Treasury accepted $32,000,888,400 including $466,275,400 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.080%. The low bid was 0.055%.

Tenders at the high rate were allotted 10.10%. The bid-to-cover ratio was 5.14.

Tenders totaled $143,894,131,500 and the Treasury accepted $28,000,731,500, including $400,386,500 of non-competitive.

The Fed banks bought nothing for themselves.

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