Weekly T-Bills go at 0.790%, 0.910% high rates on April 3

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were higher, as the three-months incurred a 0.790% high rate, up from 0.780% the prior week, and the six-months incurred a 0.910% high rate, up from 0.905% the week before.

BB-040417-WEEKLYBILLS

Coupon equivalents were 0.803% and 0.927%, respectively.

The price for the 91s was 99.800306 and that for the 182s was 99.539944.

The median bid on the 91s was 0.760%. The low bid was 0.720%.

Tenders at the high rate were allotted 66.94%. The bid-to-cover ratio was 3.14.

Tenders totaled $122,512,460,100 and the Treasury accepted $39,000,362,100 including $460,923,100 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.890%. The low bid was 0.860%.

Tenders at the high rate were allotted 24.39%. The bid-to-cover ratio was 3.29.

Tenders totaled $108,730,679,500 and the Treasury accepted $33,000,152,000, including $454,467,500 of non-competitive.

The Fed banks bought nothing for themselves.

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