Weekly T-Bills Go at 0.530%, 0.620% 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 0.530% high rate, up from 0.515% the prior week, and the six-months incurred a 0.620% high rate, down from 0.625% the week before.

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Coupon equivalents were 0.538% and 0.631%, respectively.

The price for the 91s was 99.866028 and that for the 182s was 99.686556.

The median bid on the 91s was 0.505%. The low bid was 0.480%.

Tenders at the high rate were allotted 61.84%. The bid-to-cover ratio was 3.30.

Tenders totaled $112,273,586,100 and the Treasury accepted $34,000,166,100 including $430,086,100 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.610%. The low bid was 0.580%.

Tenders at the high rate were allotted 93.44%. The bid-to-cover ratio was 3.64.

Tenders totaled $101,905,618,700 and the Treasury accepted $28,000,354,700, including $405,936,700 of non-competitive.

The Fed banks bought nothing for themselves.


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