Weekly T-Bills Go At 0.065%, 0.095% 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 0.065% high rate, down from 0.075% the prior week, and the six-months incurred a 0.095% high rate, off from 0.105% the week before.

Coupon equivalents were 0.066% and 0.096%, respectively.

The price for the 91s was 99.983569 and that for the 182s was 99.951972.

The median bid on the 91s was 0.060%. The low bid was 0.050%.

Tenders at the high rate were allotted 73.20%. The bid-to-cover ratio was 4.87.

Tenders totaled $170,449,092,600 and the Treasury accepted $35,000,392,600 including $489,887,600 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.090%. The low bid was 0.070%.

Tenders at the high rate were allotted 99.55%. The bid-to-cover ratio was 4.95.

Tenders totaled $148,426,198,000 and the Treasury accepted $30,000,798,000, including $475,027,000 of non-competitive.

The Fed banks bought nothing for themselves.

For reprint and licensing requests for this article, click here.
MORE FROM BOND BUYER