NEW YORK - Tender rates for the Treasury Department’s latest 92-day and 182-day discount bills were lower, as the three-months incurred a 0.015% high rate, down from 0.035% the prior week, and the six-months incurred a 0.045% high rate, down from 0.080% the week before.
Coupon equivalents were 0.015% and 0.046%, respectively.
The price for the 92s was 99.996167 and that for the 182s was 99.977250.
The median bid on the 92s was 0.005%. The low bid was zero.
Tenders at the high rate were allotted 36.20%. The bid-to-cover ratio was 4.57.
Tenders totaled $132,570,264,600 and the Treasury accepted $29,000,164,600 including $843,414,600 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.035%. The low bid was 0.005%.
Tenders at the high rate were allotted 40.83%. The bid-to-cover ratio was 4.43.
Tenders totaled $119,644,143,300 and the Treasury accepted $27,000,215,300, including $706,943,300 of non-competitive.
The Fed banks bought nothing for themselves.
