Weekly T-bills go at 0.905%, 1.020% high rates on May 15

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were higher, as the three-months incurred a 0.905% high rate, up from 0.900% the prior week, and the six-months incurred a 1.020% high rate, up from 1.015% the week before.

Coupon equivalents were 0.920% and 1.040%, respectively.

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The price for the 91s was 99.771236 and that for the 182s was 99.484333.

The median bid on the 91s was 0.880%. The low bid was 0.850%.

Tenders at the high rate were allotted 41.38%. The bid-to-cover ratio was 3.09.

Tenders totaled $120,489,656,000 and the Treasury accepted $39,000,216,000 including $510,433,100 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 1.010%. The low bid was 0.975%.

Tenders at the high rate were allotted 79.56%. The bid-to-cover ratio was 3.15.

Tenders totaled $103,963,968,000 and the Treasury accepted $33,000,582,000, including $498,710,700 of non-competitive.

The Fed banks bought nothing for themselves.

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