NEW YORK - Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were higher, as the three-months incurred a 0.020% high rate, up from 0.010% the prior week, and the six-months incurred a 0.035% high rate, up from 0.030% the week before.
Coupon equivalents were 0.020% and 0.036%, respectively.
The price for the 91s was 99.994944 and that for the 182s was 99.982306.
The median bid on the 91s was 0.010%. The low bid was zero.
Tenders at the high rate were allotted 27.03%. The bid-to-cover ratio was 4.56.
Tenders totaled $132,232,055,500 and the Treasury accepted $29,000,938,800 including $889,204,500 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.030%. The low bid was 0.010%.
Tenders at the high rate were allotted 41.17%. The bid-to-cover ratio was 5.12.
Tenders totaled $138,119,342,900 and the Treasury accepted $27,000,417,000, including $758,685,900 of non-competitive.
The Fed banks bought nothing for themselves.
