Weekly T-Bills Go at 0.280%, 0.585% 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 0.280% high rate, unchanged from the prior week, and the six-months incurred a 0.585% high rate, up from 0.535% the week before.

Coupon equivalents were 0.285% and 0.597%, respectively.

The price for the 91s was 99.929222 and that for the 182s was 99.704250.

The median bid on the 91s was 0.260%. The low bid was 0.200%.

Tenders at the high rate were allotted 99.63%. The bid-to-cover ratio was 3.58.

Tenders totaled $100,173,801,700 and the Treasury accepted $28,000,166,400 including $364,091,900 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.560%. The low bid was 0.510%.

Tenders at the high rate were allotted 24.78%. The bid-to-cover ratio was 3.63.

Tenders totaled $94,328,389,400 and the Treasury accepted $26,000,184,400, including $313,289,400 of non-competitive.

The Fed banks bought nothing for themselves.

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