Weekly T-Bills Go at 0.015%, 0.100% High Rates

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were mixed, as the three-months incurred a 0.015% high rate, unchanged from 0.015% the prior week, and the six-months incurred a 0.100% high rate, off from 0.085% the week before.

 

Coupon equivalents were 0.015% and 0.102%, respectively.

 

The price for the 91s was 99.996208 and that for the 182s was 99.949444.

 

The median bid on the 91s was 0.010%. The low bid was zero.

 

Tenders at the high rate were allotted 62.84%. The bid-to-cover ratio was 4.07.

 

Tenders totaled $97,569,687,700 and the Treasury accepted $24,000,487,700 including $375,364,700 of non-competitive.

 

The Fed banks bought nothing for themselves.

 

The median bid for the 182s was 0.095%. The low bid was 0.060%.

 

Tenders at the high rate were allotted 62.84%. The bid-to-cover ratio was 3.89.

 

Tenders totaled $93,424,051,500 and the Treasury accepted $24,000,143,900, including $350,700,500 of non-competitive.

 

The Fed banks bought nothing for themselves.

 

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