NEW YORK - Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.005% high rate, off from 0.010% the prior week, and the six-months incurred a 0.035% high rate, down from 0.055% the week before.
Coupon equivalents were 0.005% and 0.036%, respectively.
The price for the 91s was 99.998736 and that for the 182s was 99.982306.
The median bid on the 91s was zero. The low bid was zero.
Tenders at the high rate were allotted 52.34%. The bid-to-cover ratio was 4.83.
Tenders totaled $139,929,832,400 and the Treasury accepted $29,000,532,400 including $779,235,900 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.030%. The low bid was 0.010%.
Tenders at the high rate were allotted 40.47%. The bid-to-cover ratio was 4.81.
Tenders totaled $129,976,944,400 and the Treasury accepted $27,000,758,400, including $719,944,400 of non-competitive.
The Fed banks bought nothing for themselves.
