Weekly T-Bills Go at 0.270%, 0.340% 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 0.270% high rate, up from 0.260% the prior week, and the six-months incurred a 0.340% high rate, unchanged from 0.340% the week before.

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Coupon equivalents were 0.274% and 0.345%, respectively.

The price for the 91s was 99.931750 and that for the 182s was 99.828111.

The median bid on the 91s was 0.250%. The low bid was 0.205%.

Tenders at the high rate were allotted 84.55%. The bid-to-cover ratio was 3.39.

Tenders totaled $115,153,148,400 and the Treasury accepted $34,000,423,400 including $424,911,700 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.325%. The low bid was 0.300%.

Tenders at the high rate were allotted 45.37%. The bid-to-cover ratio was 3.67.

Tenders totaled $106,413,883,400 and the Treasury accepted $29,000,322,200, including $342,183,400 of non-competitive.

The Fed banks bought nothing for themselves.


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