Weekly T-Bills Go at 0.315%, 0.475% High Rates

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.315% high rate, down from 0.325% the prior week, and the six-months incurred a 0.475% high rate, off from 0.480% the week before.

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Coupon equivalents were 0.320% and 0.483%, respectively.

The price for the 91s was 99.920375 and that for the 182s was 99.759861.

The median bid on the 91s was 0.295%. The low bid was 0.250%.

Tenders at the high rate were allotted 54.50%. The bid-to-cover ratio was 3.47.

Tenders totaled $128,351,388,900 and the Treasury accepted $37,000,138,900 including $309,199,500 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.460%. The low bid was 0.440%.

Tenders at the high rate were allotted 32.88%. The bid-to-cover ratio was 3.84.

Tenders totaled $115,251,456,100 and the Treasury accepted $30,000,076,100, including $344,603,100 of non-competitive.

The Fed banks bought nothing for themselves.


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