Weekly T-Bills Go at 0.220%, 0.350% 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 0.220% high rate, down from 0.230% the prior week, and the six-months incurred a 0.350% high rate, unchanged from 0.350% the week before.

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Coupon equivalents were 0.223% and 0.355%, respectively.

The price for the 91s was 99.944389 and that for the 182s was 99.823056.

The median bid on the 91s was 0.210%. The low bid was 0.150%.

Tenders at the high rate were allotted 75.45%. The bid-to-cover ratio was 4.02.

Tenders totaled $112,628,591,600 and the Treasury accepted $28,000,680,100 including $389,158,600 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.340%. The low bid was 0.330%.

Tenders at the high rate were allotted 80.46%. The bid-to-cover ratio was 3.85.

Tenders totaled $92,499,738,300 and the Treasury accepted $24,000,081,300, including $329,117,300 of non-competitive.

The Fed banks bought nothing for themselves.


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