Weekly T-Bills Go At 0.460%, 1.100% Highs

Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were lower yesterday, as the three-months incurred a 0.460% high rate, down from 1.100% the previous week, and the six-months incurred a 1.100% high rate, down from 1.540%.

Coupon equivalents were 0.467% and 1.122%, respectively. The price for the 91s was 99.883722 and that for the 182s was 99.443889.

The median bid on the 91s was 0.350%. The low bid was 0.050%. Tenders at the high rate were allotted 88.35%. The bid-to-cover ratio was 2.83. The median bid for the 182s was 0.950%, the low bid 0.500%. Tenders at the high were allotted 96.72%. The bid-to-cover was 2.43.

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