NEW YORK - Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were mixed, as the three-months incurred a 0.015% high rate, down from 0.025% the prior week, and the six-months incurred a 0.055% high rate, unchanged from 0.055% the week before.
Coupon equivalents were 0.015% and 0.056%, respectively.
The price for the 91s was 99.996208 and that for the 182s was 99.972194.
The median bid on the 91s was 0.010%. The low bid was zero.
Tenders at the high rate were allotted 86.57%. The bid-to-cover ratio was 4.93.
Tenders totaled $142,891,133,500 and the Treasury accepted $29,001,094,000 including $760,557,500 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.050%. The low bid was 0.030%.
Tenders at the high rate were allotted 93.80%. The bid-to-cover ratio was 5.23.
Tenders totaled $141,094,001,400 and the Treasury accepted $27,000,321,400, including $574,301,400 of non-competitive.
The Fed banks bought nothing for themselves.
