Weekly T-Bills Go at 0.540%, 0.645% 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 0.540% high rate, up from 0.530% the prior week, and the six-months incurred a 0.645% high rate, up from 0.620% the week before.

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Coupon equivalents were 0.548% and 0.656%, respectively.

The price for the 91s was 99.863500 and that for the 182s was 99.673917.

The median bid on the 91s was 0.515%. The low bid was 0.450%.

Tenders at the high rate were allotted 32.93%. The bid-to-cover ratio was 3.33.

Tenders totaled $113,090,252,400 and the Treasury accepted $34,000,192,400 including $479,900,400 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.620%. The low bid was 0.605%.

Tenders at the high rate were allotted 1.71%. The bid-to-cover ratio was 3.25.

Tenders totaled $90,961,040,800 and the Treasury accepted $28,000,110,800, including $471,743,800 of non-competitive.

The Fed banks bought nothing for themselves.


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