Weekly T-Bills Go at 0.270%, 0.400% High Rates

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were unchanged, as the three-months incurred a 0.270% high rate, the same from the prior week, and the six-months incurred a 0.400% high rate, also the same the week before.

Coupon equivalents were 0.274% and 0.406%, respectively.

The price for the 91s was 99.931750 and that for the 182s was 99.797778.

The median bid on the 91s was 0.250%. The low bid was 0.230%.

Tenders at the high rate were allotted 79.65%. The bid-to-cover ratio was 3.61.

Tenders totaled $111,927,715,100 and the Treasury accepted $31,000,040,100 including $363,684,900 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.370%. The low bid was 0.335%.

Tenders at the high rate were allotted 36.63%. The bid-to-cover ratio was 3.53.

Tenders totaled $91,701,066,400 and the Treasury accepted $26,000,331,400, including $365,330,400 of non-competitive.

The Fed banks bought nothing for themselves.

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