Weekly T-Bills Go at 0.215%, 0.500% 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 0.215% high rate, down from 0.260% the prior week, and the six-months incurred a 0.500% high rate, off from 0.550% the week before.

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Coupon equivalents were 0.219% and 0.510%, respectively.

The price for the 91s was 99.945653 and that for the 182s was 99.747222.

The median bid on the 91s was 0.195%. The low bid was 0.150%.

Tenders at the high rate were allotted 77.55%. The bid-to-cover ratio was 3.56.

Tenders totaled $99,621,647,500 and the Treasury accepted $28,000,097,500 including $352,390,600 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.480%. The low bid was 0.450%.

Tenders at the high rate were allotted 7.99%. The bid-to-cover ratio was 3.96.

Tenders totaled $102,955,290,900 and the Treasury accepted $26,000,337,300, including $324,190,900 of non-competitive.

The Fed banks bought nothing for themselves.


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