Weekly T-Bills Go at 0.515%, 0.670% 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 0.535% the prior week, and the six-months incurred a 0.670% high rate, unchanged from 0.670% the week before.

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Coupon equivalents were 0.523% and 0.682%, respectively.

The price for the 91s was 99.869819 and that for the 182s was 99.661278.

The median bid on the 91s was 0.495%. The low bid was 0.480%.

Tenders at the high rate were allotted 8.50%. The bid-to-cover ratio was 3.35.

Tenders totaled $114,069,332,100 and the Treasury accepted $34,000,082,100 including $405,332,100 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.640%. The low bid was 0.610%.

Tenders at the high rate were allotted 79.32%. The bid-to-cover ratio was 3.11.

Tenders totaled $87,148,180,500 and the Treasury accepted $28,000,300,500, including $375,258,900 of non-competitive.

The Fed banks bought nothing for themselves.


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