Weekly T-bills go at 1.040%, 1.140% high rates on Aug. 7

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were mixed, as the three-months incurred a 1.040% high rate, down from 1.070% the prior week, and the six-months incurred a 1.140% high rate, up from 1.130% the week before.

Coupon equivalents were 1.057% and 1.163%, respectively.

The price for the 91s was 99.737111 and that for the 182s was 99.423667.

The U.S Treasury building
An aerial view of Washington, D.C., focusing on the U.S. Treasury Building.
Carol M. Highsmith: Photographer

The median bid on the 91s was 1.035%. The low bid was 1.000%.

Tenders at the high rate were allotted 65.96%. The bid-to-cover ratio was 3.62.

Tenders totaled $141,227,601,800 and the Treasury accepted $39,001,463,300 including $543,101,800 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 1.110%. The low bid was 1.085%.

Tenders at the high rate were allotted 44.57%. The bid-to-cover ratio was 3.05.

Tenders totaled $100,775,377,200 and the Treasury accepted $33,000,179,700, including $504,145,800 of non-competitive.

The Fed banks bought nothing for themselves.

For reprint and licensing requests for this article, click here.
Treasury bonds Treasurys
MORE FROM BOND BUYER