Weekly T-Bills Go at 0.300%, 0.475% 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 0.300% high rate, unchanged from 0.300% the prior week, and the six-months incurred a 0.475% high rate, up from 0.440% the week before.

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Coupon equivalents were 0.304% and 0.483%, respectively.

The price for the 91s was 99.924167 and that for the 182s was 99.759861.

The median bid on the 91s was 0.285%. The low bid was 0.250%.

Tenders at the high rate were allotted 25.98%. The bid-to-cover ratio was 3.81.

Tenders totaled $118,113,178,700 and the Treasury accepted $31,000,283,700 including $343,178,700 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.450%. The low bid was 0.430%.

Tenders at the high rate were allotted 12.85%. The bid-to-cover ratio was 3.58.

Tenders totaled $92,984,358,200 and the Treasury accepted $26,000,245,700, including $316,770,200 of non-competitive.

The Fed banks bought nothing for themselves.


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