Weekly T-Bills Go at 0.310%, 0.390% 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 0.310% high rate, up from 0.270% the prior week, and the six-months incurred a 0.390% high rate, up from 0.340% the week before.

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Coupon equivalents were 0.315% and 0.396%, respectively.

The price for the 91s was 99.921639 and that for the 182s was 99.802833.

The median bid on the 91s was 0.290%. The low bid was 0.250%.

Tenders at the high rate were allotted 67.70%. The bid-to-cover ratio was 2.98.

Tenders totaled $110,227,485,300 and the Treasury accepted $37,000,085,300 including $369,443,300 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.375%. The low bid was 0.350%.

Tenders at the high rate were allotted 93.95%. The bid-to-cover ratio was 3.07.

Tenders totaled $98,354,560,700 and the Treasury accepted $32,000,415,700, including $350,360,700 of non-competitive.

The Fed banks bought nothing for themselves.


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