Weekly T-Bills Go at 0.075%, 0.165% 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 0.075% high rate, up from 0.050% the prior week, and the six-months incurred a 0.165% high rate, up from 0.145% the week before.

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Coupon equivalents were 0.076% and 0.168%, respectively.

The price for the 91s was 99.981042 and that for the 182s was 99.916583.

The median bid on the 91s was 0.060%. The low bid was 0.045%.

Tenders at the high rate were allotted 63.13%. The bid-to-cover ratio was 4.09.

Tenders totaled $98,165,848,600 and the Treasury accepted $24,000,452,100 including $328,798,600 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.150%. The low bid was 0.120%.

Tenders at the high rate were allotted 10.94%. The bid-to-cover ratio was 3.89.

Tenders totaled $93,443,510,600 and the Treasury accepted $24,000,048,600, including $288,510,600 of non-competitive.

The Fed banks bought nothing for themselves.


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