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 0.020% high rate, down from 0.030% the prior week, and the six-months incurred a 0.060% high rate, off from 0.065% the week before.
Coupon equivalents were 0.020% and 0.061%, respectively.
The price for the 91s was 99.994944 and that for the 182s was 99.969667.
The median bid on the 91s was 0.010%. The low bid was zero.
Tenders at the high rate were allotted 53.31%. The bid-to-cover ratio was 4.44.
Tenders totaled $119,763,396,200 and the Treasury accepted $27,000,328,100 including $920,129,200 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.045%. The low bid was 0.015%.
Tenders at the high rate were allotted 65.10%. The bid-to-cover ratio was 4.73.
Tenders totaled $113,421,152,400 and the Treasury accepted $24,000,307,400, including $706,802,400 of non-competitive.
The Fed banks bought nothing for themselves.
