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, off from 0.020% the prior week, and the six-months incurred a 0.055% high rate, down from 0.060% the week before.
Coupon equivalents were 0.010% and 0.056%, respectively.
The price for the 91s was 99.997472 and that for the 182s was 99.972194.
The median bid on the 91s was 0.005%. The low bid was zero.
Tenders at the high rate were allotted 69.05%. The bid-to-cover ratio was 4.54.
Tenders totaled $131,556,443,800 and the Treasury accepted $29,000,416,300 including $789,943,800 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.050%. The low bid was 0.025%.
Tenders at the high rate were allotted 36.07%. The bid-to-cover ratio was 4.74.
Tenders totaled $127,964,406,000 and the Treasury accepted $27,000,214,500, including $625,181,000 of non-competitive.
The Fed banks bought nothing for themselves.
