Weekly T-Bills Go at 0.555%, 0.660% High Rate

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were higher, as the three-months incurred a 0.555% high rate, up from 0.515% the prior week, and the six-months incurred a 0.660% high rate, up from 0.645% the week before.

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Coupon equivalents were 0.564% and 0.671%, respectively.

The price for the 91s was 99.859708 and that for the 182s was 99.666333.

The median bid on the 91s was 0.530%. The low bid was 0.485%.

Tenders at the high rate were allotted 68.27%. The bid-to-cover ratio was 3.44.

Tenders totaled $117,089,555,700 and the Treasury accepted $34,000,040,700 including $410,857,700 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.645%. The low bid was 0.620%.

Tenders at the high rate were allotted 17.36%. The bid-to-cover ratio was 3.83.

Tenders totaled $107,289,321,800 and the Treasury accepted $28,000,165,800, including $349,821,800 of non-competitive.

The Fed banks bought nothing for themselves.


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