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 0.020% high rate, unchanged from 0.020% the prior week, and the six-months incurred a 0.060% high rate, up from 0.035% 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 0.015%. The low bid was zero.
Tenders at the high rate were allotted 62.91%. The bid-to-cover ratio was 4.96.
Tenders totaled $143,918,563,600 and the Treasury accepted $29,001,036,000 including $854,817,100 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 15.89%. The bid-to-cover ratio was 5.10.
Tenders totaled $137,829,044,000 and the Treasury accepted $27,000,313,000, including $653,044,000 of non-competitive.
The Fed banks bought nothing for themselves.
