Weekly T-Bills Go at 0.515%, 0.645% 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 0.515% high rate, down from 0.530% the prior week, and the six-months incurred a 0.645% high rate, unchanged from 0.645% the week before.

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Coupon equivalents were 0.523% and 0.656%, respectively.

The price for the 91s was 99.869819 and that for the 182s was 99.673917.

The median bid on the 91s was 0.490%. The low bid was 0.450%.

Tenders at the high rate were allotted 79.17%. The bid-to-cover ratio was 3.19.

Tenders totaled $108,493,717,900 and the Treasury accepted $34,000,062,900 including $480,982,700 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.620%. The low bid was 0.550%.

Tenders at the high rate were allotted 3.69%. The bid-to-cover ratio was 3.352.

Tenders totaled $93,919,024,900 and the Treasury accepted $28,000,019,900, including $389,324,900 of non-competitive.

The Fed banks bought nothing for themselves.


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