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 0.025% high rate, up from 0.005% the prior week, and the six-months incurred a 0.055% high rate, up from 0.040% the week before.
Coupon equivalents were 0.025% and 0.056%, respectively.
The price for the 91s was 99.993681 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 6.59%. The bid-to-cover ratio was 4.24.
Tenders totaled $122,926,513,200 and the Treasury accepted $29,000,334,200 including $809,698,200 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.045%. The low bid was zero.
Tenders at the high rate were allotted 90.21%. The bid-to-cover ratio was 4.68.
Tenders totaled $126,404,945,800 and the Treasury accepted $27,000,518,300, including $619,150,800 of non-competitive.
The Fed banks bought nothing for themselves.
