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 0.010% high rate, down from 0.015% the prior week, and the six-months incurred a 0.050% high rate, off from 0.055% the week before.
Coupon equivalents were 0.010% and 0.051%, respectively.
The price for the 91s was 99.997472 and that for the 182s was 99.974722.
The median bid on the 91s was 0.010%. The low bid was zero.
Tenders at the high rate were allotted 86.33%. The bid-to-cover ratio was 5.03.
Tenders totaled $145,856,922,000 and the Treasury accepted $29,001,392,000 including $743,360,000 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.045%. The low bid was 0.030%.
Tenders at the high rate were allotted 84.96%. The bid-to-cover ratio was 4.84.
Tenders totaled $130,733,241,300 and the Treasury accepted $27,000,489,300, including $700,941,300 of non-competitive.
The Fed banks bought nothing for themselves.
