Weekly T-bills go at 1.090%, 1.240% high rates on Oct. 16

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were higher on Monday, as the three-months incurred a 1.090% high rate, up from 1.085% the prior week, and the six-months incurred a 1.240% high rate, up from 1.220% the week before.

Coupon equivalents were 1.108% and 1.265%, respectively. The price for the 91s was 99.724472 and that for the 182s was 99.373111.

The median bid on the 91s was 1.070%. The low bid was 1.020%.

treasury-dept-bldg
U.S. Treasury Department Building

Tenders at the high rate were allotted 54.07%. The bid-to-cover ratio was 3.19.

Tenders totaled $133,881,505,200 and the Treasury accepted $42,000,292,200 including $541,031,200 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 1.220%. The low bid was 1.200%.

Tenders at the high rate were allotted 30.64%. The bid-to-cover ratio was 3.35.

Tenders totaled $120,773,543,500 and the Treasury accepted $36,000,343,500, including $516,643,500 of non-competitive.

The Fed banks bought nothing for themselves.

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