Weekly T-Bills Go at 0.275%, 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 0.275% high rate, up from 0.220% the prior week, and the six-months incurred a 0.370% high rate, off from 0.395% the week before.

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Coupon equivalents were 0.279% and 0.376%, respectively.

The price for the 91s was 99.930486 and that for the 182s was 99.812944.

The median bid on the 91s was 0.260%. The low bid was 0.220%.

Tenders at the high rate were allotted 28.58%. The bid-to-cover ratio was 3.70.

Tenders totaled $114,656,999,800 and the Treasury accepted $31,000,094,800 including $414,925,900 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.360%. The low bid was 0.350%.

Tenders at the high rate were allotted 5.56%. The bid-to-cover ratio was 4.00.

Tenders totaled $103,944,519,000 and the Treasury accepted $26,000,619,000, including $355,951,000 of non-competitive.

The Fed banks bought nothing for themselves.


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