Weekly T-Bills Go at 0.310%, 0.450% 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 0.310% high rate, up from 0.300% the prior week, and the six-months incurred a 0.450% high rate, up from 0.445% the week before.

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Coupon equivalents were 0.315% and 0.457%, respectively.

The price for the 91s was 99.920778 and that for the 182s was 99.772500.

The median bid on the 91s was 0.295%. The low bid was 0.270%.

Tenders at the high rate were allotted 30.72%. The bid-to-cover ratio was 3.30.

Tenders totaled $132,172,907,500 and the Treasury accepted $40,000,107,500 including $357,139,800 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 32.76%. The bid-to-cover ratio was 3.23.

Tenders totaled $109,906,165,200 and the Treasury accepted $34,000,225,200, including $377,780,200 of non-competitive.

The Fed banks bought nothing for themselves.


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