Weekly T-Bills Go At 0.055%, 0.065% 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 0.055% high rate, up from 0.035% the prior week, and the six-months incurred a 0.065% high rate, up from 0.060% the week before.

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Coupon equivalents were 0.056% and 0.066%, respectively.

The price for the 91s was 99.986097 and that for the 182s was 99.967139.

The median bid on the 91s was 0.045%. The low bid was 0.035%.

Tenders at the high rate were allotted 30.21%. The bid-to-cover ratio was 3.94.

Tenders totaled $110,368,866,900 and the Treasury accepted $28,000,948,900 including $397,316,900 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.055%. The low bid was 0.040%.

Tenders at the high rate were allotted 73.40%. The bid-to-cover ratio was 4.81.

Tenders totaled $96,183,304,900 and the Treasury accepted $20,000,504,900, including $407,737,900 of non-competitive.

The Fed banks bought nothing for themselves.


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