Weekly T-Bills Go at 0.535%, 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 0.535% high rate, down from 0.540% the prior week, and the six-months incurred a 0.670% high rate, up from 0.645% the week before.

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Coupon equivalents were 0.543% and 0.682%, respectively.

The price for the 91s was 99.864764 and that for the 182s was 99.661278.

The median bid on the 91s was 0.510%. The low bid was 0.470%.

Tenders at the high rate were allotted 22.37%. The bid-to-cover ratio was 3.33.

Tenders totaled $113,053,398,800 and the Treasury accepted $34,000,193,800 including $419,477,500 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.640%. The low bid was 0.600%.

Tenders at the high rate were allotted 34.87%. The bid-to-cover ratio was 3.25.

Tenders totaled $91,034,431,000 and the Treasury accepted $28,000,177,000, including $373,367,600 of non-competitive.

The Fed banks bought nothing for themselves.


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