Weekly T-Bills Go at 0.305%, 0.415% 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 0.305% high rate, up from 0.255% the prior week, and the six-months incurred a 0.415% high rate, up from 0.370% the week before.

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Coupon equivalents were 0.310% and 0.423%, respectively.

The price for the 91s was 99.922903 and that for the 182s was 99.790194.

The median bid on the 91s was 0.280%. The low bid was 0.250%.

Tenders at the high rate were allotted 66.03%. The bid-to-cover ratio was 3.31.

Tenders totaled $112,575,961,700 and the Treasury accepted $34,000,231,200 including $344,505,200 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.380%. The low bid was 0.350%.

Tenders at the high rate were allotted 33.00%. The bid-to-cover ratio was 3.39.

Tenders totaled $99,945,800,400 and the Treasury accepted $28,000,300,400, including $414,700,400 of non-competitive.

The Fed banks bought nothing for themselves.


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