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 0.010% the prior week, and the six-months incurred a 0.060% high rate, up from 0.050% the week before.
Coupon equivalents were 0.025% and 0.061%, respectively.
The price for the 91s was 99.993681 and that for the 182s was 99.969667.
The median bid on the 91s was 0.020%. The low bid was zero.
Tenders at the high rate were allotted 83.54%. The bid-to-cover ratio was 4.41.
Tenders totaled $127,794,878,200 and the Treasury accepted $29,001,093,200 including $773,866,200 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.055%. The low bid was 0.030%.
Tenders at the high rate were allotted 65.85%. The bid-to-cover ratio was 4.67.
Tenders totaled $126,213,438,400 and the Treasury accepted $27,000,752,900, including $693,308,400 of non-competitive.
The Fed banks bought nothing for themselves.
