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 higher, as the three-months incurred a 0.050% high rate, up from 0.045% the prior week, and the six-months incurred a 0.085% high rate, up from 0.080% 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 0.040%. The low bid was 0.020%.

Tenders at the high rate were allotted 14.89%. The bid-to-cover ratio was 4.14.

Tenders totaled $136,633,075,300 and the Treasury accepted $33,001,101,300 including $428,095,400 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.075%. The low bid was 0.060%.

Tenders at the high rate were allotted 13.41%. The bid-to-cover ratio was 4.45.

Tenders totaled $129,009,473,500 and the Treasury accepted $29,000,858,500, including $359,873,500 of non-competitive.

The Fed banks bought nothing for themselves.

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