Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were lower yesterday.
The three-month bills incurred a 0.065% high rate, down from 0.130% the prior week, and the six-month bills incurred a 0.150% high rate, down from 0.210% .
Coupon equivalents were 0.066% and 0.152%, respectively.
The price for the 91 month bills was 99.983569 while the 182s was 99.924167.
The median bid on the 91s was 0.050%. The low bid was 0.010%. Tenders at the high rate were allotted 33.83%. The bid-to-cover ratio was 4.93.
Tenders totaled $133,181,653,500 and the Treasury accepted $27,000,713,500, including $1,174,099,900 of noncompetitive.
The median bid for the 182s was 0.135%. The low bid was 0.100%. Tenders at the high rate were allotted 92.33%.
The bid-to-cover ratio was 4.25. Tenders totaled $114,812,586,500 and the Treasury accepted $27,000,164,500, including $789,775,500 of noncompetitive.
