Weekly T-Bills Go at 0.515%, 0.625% 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 0.515% high rate, up from 0.505% the prior week, and the six-months incurred a 0.625% high rate, up from 0.600% the week before.

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Coupon equivalents were 0.523% and 0.636%, respectively.

The price for the 91s was 99.869819 and that for the 182s was 99.684028.

The median bid on the 91s was 0.500%. The low bid was 0.470%.

Tenders at the high rate were allotted 89.35%. The bid-to-cover ratio was 3.51.

Tenders totaled $119,507,520,200 and the Treasury accepted $34,000,157,700 including $425,070,200 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.605%. The low bid was 0.580%.

Tenders at the high rate were allotted 33.20%. The bid-to-cover ratio was 3.47.

Tenders totaled $97,237,085,900 and the Treasury accepted $28,000,085,900, including $340,422,900 of non-competitive.

The Fed banks bought nothing for themselves.


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