Weekly T-Bills Go at 0.280%, 0.535% High Rates

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were higher, as the three-months incurred a 0.280% high rate, up from 0.215% the prior week, and the six-months incurred a 0.535% high rate, up from 0.415% the week before.

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Coupon equivalents were 0.285% and 0.545%, respectively.

The price for the 91s was 99.929222 and that for the 182s was 99.729528.

The median bid on the 91s was 0.255%. The low bid was 0.200%.

Tenders at the high rate were allotted 13.66%. The bid-to-cover ratio was 3.28.

Tenders totaled $91,812,294,500 and the Treasury accepted $28,000,164,500 including $371,794,500 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.510%. The low bid was 0.470%.

Tenders at the high rate were allotted 70.68%. The bid-to-cover ratio was 3.42.

Tenders totaled $89,029,783,900 and the Treasury accepted $26,000,233,900, including $343,340,900 of non-competitive.

The Fed banks bought nothing for themselves.


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