Weekly T-Bills Go at 0.125%, 0.245% 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 0.125% high rate, up from 0.075% the prior week, and the six-months incurred a 0.245% high rate, up from 0.165% the week before.

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Coupon equivalents were 0.127% and 0.249%, respectively.

The price for the 91s was 99.968403 and that for the 182s was 99.876139.

The median bid on the 91s was 0.110%. The low bid was 0.100%.

Tenders at the high rate were allotted 77.94%. The bid-to-cover ratio was 3.64.

Tenders totaled $87,426,580,500 and the Treasury accepted $24,000,143,100 including $369,902,000 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.230%. The low bid was 0.180%.

Tenders at the high rate were allotted 90.98%. The bid-to-cover ratio was 3.52.

Tenders totaled $84,501,295,200 and the Treasury accepted $24,000,205,200, including $375,435,200 of non-competitive.

The Fed banks bought nothing for themselves.


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