Weekly T-Bills Go At 0.070%, 0.090% High Rates

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were mixed, as the three-months incurred a 0.070% high rate, up from 0.065% the prior week, and the six-months incurred a 0.090% high rate, unchanged from 0.090% the week before.

Coupon equivalents were 0.071% and 0.091%, respectively.

The price for the 91s was 99.982306 and that for the 182s was 99.954500.

The median bid on the 91s was 0.060%. The low bid was 0.020%.

Tenders at the high rate were allotted 17.02%. The bid-to-cover ratio was 3.99.

Tenders totaled $127,770,959,500 and the Treasury accepted $32,000,549,500 including $470,109,500 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.080%. The low bid was 0.060%.

Tenders at the high rate were allotted 2.95%. The bid-to-cover ratio was 4.29.

Tenders totaled $115,744,435,400 and the Treasury accepted $27,001,065,400, including $336,935,400 of non-competitive.

The Fed banks bought nothing for themselves.

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