Weekly T-Bills Go at 0.255%, 0.370% 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 0.255% high rate, up from 0.215% the prior week, and the six-months incurred a 0.370% high rate, off from 0.470% the week before.

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Coupon equivalents were 0.259% and 0.377%, respectively.

The price for the 91s was 99.935542 and that for the 182s was 99.812944.

The median bid on the 91s was 0.240%. The low bid was 0.150%.

Tenders at the high rate were allotted 53.65%. The bid-to-cover ratio was 3.41.

Tenders totaled $105,577,328,300 and the Treasury accepted $31,000,153,300 including $406,895,300 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.350%. The low bid was 0.300%.

Tenders at the high rate were allotted 62.27%. The bid-to-cover ratio was 3.67.

Tenders totaled $95,435,908,200 and the Treasury accepted $26,000,448,100, including $514,908,200 of non-competitive.

The Fed banks bought nothing for themselves.


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