Weekly T-bills Sell at High Yields of 1.035%, 1.140%

The Bond Buyer - - Market News - — Gary E. Siegel

Ten­der rates for the Trea­sury De­part­ment’s lat­est 91-day and 182-day dis­count bills were higher, as the three months in­curred a 1.035% high rate, up from 1.020% the prior week, and the six­months in­curred a 1.140% high rate, up from 1.115% the week be­fore.

Coupon equiv­a­lents were 1.052% and 1.163%, re­spec­tively.

The price for the 91s was 99.738375 and that for the 182s was 99.423667.

The me­dian bid on the 91s was 1.015%. The low bid was 0.985%.

Ten­ders at the high rate were al­lot­ted 8.18%. The bid-to-cover ra­tio was 3.03.

Ten­ders to­taled $118,320,945,800 and the Trea­sury ac­cepted $39,000,560,800 in­clud­ing $539,865,800 of non-com­pet­i­tive.

The me­dian bid for the 182s was 1.125%. The low bid was 1.100%.

Ten­ders at the high rate were al­lot­ted 46.77%. The bid-to-cover ra­tio was 3.12.

Ten­ders to­taled $102,980,163,400 and the Trea­sury ac­cepted $33,000,394,900, in­clud­ing $419,850,400 of non-com­pet­i­tive.

The Fed banks bought noth­ing for them­selves.

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