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 0.030% high rate, up from 0.025% the prior week, and the six-months incurred a 0.070% high rate, up from 0.065% the week before.
Coupon equivalents were 0.031% and 0.071%, respectively.
The price for the 91s was 99.992417 and that for the 182s was 99.964611.
The median bid on the 91s was 0.020%. The low bid was zero.
Tenders at the high rate were allotted 20.12%. The bid-to-cover ratio was 4.39.
Tenders totaled $118,568,254,300 and the Treasury accepted $27,000,134,300 including $976,019,300 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.050%. The low bid was 0.010%.
Tenders at the high rate were allotted 8.54%. The bid-to-cover ratio was 5.05.
Tenders totaled $121,197,279,000 and the Treasury accepted $24,000,314,000, including $660,679,000 of non-competitive.
The Fed banks bought nothing for themselves.
