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 0.015% high rate, down from 0.020% the prior week, and the six-months incurred a 0.045% high rate, off from 0.060% the week before.
Coupon equivalents were 0.015% and 0.046%, respectively.
The price for the 91s was 99.996208 and that for the 182s was 99.977250.
The median bid on the 91s was 0.005%. The low bid was zero.
Tenders at the high rate were allotted 21.52%. The bid-to-cover ratio was 5.15.
Tenders totaled $149,364,010,900 and the Treasury accepted $29,001,146,900 including $876,075,900 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.035%. The low bid was 0.015%.
Tenders at the high rate were allotted 7.90%. The bid-to-cover ratio was 4.73.
Tenders totaled $127,617,553,300 and the Treasury accepted $27,000,023,300, including $726,528,300 of non-competitive.
The Fed banks bought nothing for themselves.
