Weekly T-Bills Go at 0.350%, 0.480% High Rates

Tender rates for the Treasury Department's latest 91-day and 183-day discount bills were higher, as the three-months incurred a 0.350% high rate, up from 0.275% the prior week, and the six-months incurred a 0.480% high rate, up from 0.370% the week before.

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Coupon equivalents were 0.355% and 0.488%, respectively.

The price for the 91s was 99.911528 and that for the 182s was 99.756000.

The median bid on the 91s was 0.330%. The low bid was 0.300%.

Tenders at the high rate were allotted 76.03%. The bid-to-cover ratio was 3.40.

Tenders totaled $105,280,877,100 and the Treasury accepted $31,000,354,600 including $407,110,300 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.465%. The low bid was 0.420%.

Tenders at the high rate were allotted 58.26%. The bid-to-cover ratio was 3.65.

Tenders totaled $94,773,849,700 and the Treasury accepted $26,000,308,100, including $348,637,700 of non-competitive.

The Fed banks bought nothing for themselves.


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