Weekly T-Bills Go at 0.490%, 0.615% 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 0.490% high rate, unchanged from 0.490% the prior week, and the six-months incurred a 0.615% high rate, up from 0.610% the week before.

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Coupon equivalents were 0.497% and 0.625%, respectively.

The price for the 91s was 99.876139 and that for the 182s was 99.689083.

The median bid on the 91s was 0.480%. The low bid was 0.450%.

Tenders at the high rate were allotted 35.02%. The bid-to-cover ratio was 3.64.

Tenders totaled $123,717,377,300 and the Treasury accepted $34,000,094,300 including $387,794,300 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.600%. The low bid was 0.580%.

Tenders at the high rate were allotted 22.17%. The bid-to-cover ratio was 3.72.

Tenders totaled $104,107,594,700 and the Treasury accepted $28,000,088,400, including $298,021,700 of non-competitive.

The Fed banks bought nothing for themselves.


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