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 0.015% the prior week, and the six-months incurred a 0.070% high rate, up from 0.050% the week before.
Coupon equivalents were 0.031% and 0.071%, respectively.
The price for the 91s was 99.992417 and that for the 181s was 99.964611.
The median bid on the 91s was 0.020%. The low bid was zero.
Tenders at the high rate were allotted 5.15%. The bid-to-cover ratio was 4.47.
Tenders totaled $129,616,779,800 and the Treasury accepted $29,000,604,800 including $751,414,800 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.065%. The low bid was 0.040%.
Tenders at the high rate were allotted 50.77%. The bid-to-cover ratio was 4.61.
Tenders totaled $124,401,708,500 and the Treasury accepted $27,000,612,100, including $633,708,500 of non-competitive.
The Fed banks bought nothing for themselves.
