Weekly T-Bills Go at 0.420%, 0.535% 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 0.420% high rate, up from 0.350% the prior week, and the six-months incurred a 0.535% high rate, up from 0.500% the week before.

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Coupon equivalents were 0.426% and 0.544%, respectively.

The price for the 91s was 99.893833 and that for the 182s was 99.729528.

The median bid on the 91s was 0.380%. The low bid was 0.345%.

Tenders at the high rate were allotted 29.53%. The bid-to-cover ratio was 3.29.

Tenders totaled $138,078,639,700 and the Treasury accepted $42,000,108,700 including $398,639,700 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.510%. The low bid was 0.490%.

Tenders at the high rate were allotted 52.98%. The bid-to-cover ratio was 3.41.

Tenders totaled $122,787,591,200 and the Treasury accepted $36,000,171,200, including $336,591,200 of non-competitive.

The Fed banks bought nothing for themselves.


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