Weekly T-Bills Go at 0.305%, 0.440% 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 0.285% the prior week, and the six-months incurred a 0.440% high rate, up from 0.395% the week before.

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Coupon equivalents were 0.309% and 0.447%, respectively.

The price for the 91s was 99.922903 and that for the 182s was 99.777556.

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

Tenders at the high rate were allotted 91.05%. The bid-to-cover ratio was 3.42.

Tenders totaled $136,957,541,100 and the Treasury accepted $40,000,316,100 including $384,089,100 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.430%. The low bid was 0.410%.

Tenders at the high rate were allotted 19.07%. The bid-to-cover ratio was 3.82.

Tenders totaled $129,835,860,700 and the Treasury accepted $43,000,121,200, including $451,679,700 of non-competitive.

The Fed banks bought nothing for themselves.


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