Weekly T-bills go at 0.920%, 1.050% high rates on May 22

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were higher, as the three-months incurred a 0.920% high rate, up from 0.905% the prior week, and the six-months incurred a 1.050% high rate, up from 1.020% the week before.

Coupon equivalents were 0.935% and 1.070%, respectively.

Treasury-building-columns-BL
The National League of Cities wants Congress to re-fund a Treasury Department office that was set up to support local governments with their stimulus funds spending. Bloomberg News

The price for the 91s was 99.767444 and that for the 182s was 99.466250.

The median bid on the 91s was 0.900%. The low bid was 0.885%.

Tenders at the high rate were allotted 56.90%. The bid-to-cover ratio was 3.23.

Tenders totaled $125,939,635,100 and the Treasury accepted $39,000,285,100 including $484,503,800 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 1.020%. The low bid was 0.990%.

Tenders at the high rate were allotted 22.35%. The bid-to-cover ratio was 3.06.

Tenders totaled $100,869,996,500 and the Treasury accepted $33,000,196,500, including $387,656,500 of non-competitive.

The Fed banks bought nothing for themselves.

For reprint and licensing requests for this article, click here.
Economic indicators
MORE FROM BOND BUYER