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 0.010% high rate, off from 0.030% the prior week, and the six-months incurred a 0.050% high rate, down from 0.070% the week before.
Coupon equivalents were 0.010% and 0.051%, respectively.
The price for the 91s was 99.997472 and that for the 182s was 99.974722.
The median bid on the 91s was zero. The low bid was zero.
Tenders at the high rate were allotted 70.82%. The bid-to-cover ratio was 4.56.
Tenders totaled $132,151,086,200 and the Treasury accepted $29,000,485,900 including $812,194,200 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.040%. The low bid was 0.025%.
Tenders at the high rate were allotted 56.87%. The bid-to-cover ratio was 4.85.
Tenders totaled $130,945,606,300 and the Treasury accepted $27,000,517,600, including $685,606,300 of non-competitive.
The Fed banks bought nothing for themselves.
