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 0.025% high rate, down from 0.035% the prior week, and the six-months incurred a 0.095% high rate, off from 0.100% the week before.
Coupon equivalents were 0.025% and 0.097%, respectively.
The price for the 91s was 99.993681 and that for the 182s was 99.951972.
The median bid on the 91s was 0.015%. The low bid was zero.
Tenders at the high rate were allotted 27.10%. The bid-to-cover ratio was 4.67.
Tenders totaled $126,056,486,700 and the Treasury accepted $27,000,141,700 including $931,164,700 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.080%. The low bid was 0.050%.
Tenders at the high rate were allotted 15.00%. The bid-to-cover ratio was 4.93.
Tenders totaled $118,378,006,300 and the Treasury accepted $24,000,756,300, including $631,280,300 of non-competitive.
The Fed banks bought nothing for themselves.
