Weekly T-Bills Go at 0.335%, 0.470% 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 0.335% high rate, unchanged from 0.335% the prior week, and the six-months incurred a 0.470% high rate, down from 0.480% the week before.

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Coupon equivalents were 0.340% and 0.478%, respectively.

The price for the 91s was 99.915319 and that for the 182s was 99.762389.

The median bid on the 91s was 0.310%. The low bid was 0.260%.

Tenders at the high rate were allotted 27.13%. The bid-to-cover ratio was 3.30.

Tenders totaled $132,014,823,200 and the Treasury accepted $40,000,358,200 including $378,823,200 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.445%. The low bid was 0.415%.

Tenders at the high rate were allotted 60.10%. The bid-to-cover ratio was 3.27.

Tenders totaled $117,723,003,800 and the Treasury accepted $36,000,453,800, including $329,545,800 of non-competitive.

The Fed banks bought nothing for themselves.


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