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 0.035% high rate, down from 0.050% the prior week, and the six-months incurred a 0.100% high rate, off from 0.105% the week before.
Coupon equivalents were 0.036% and 0.102%, respectively.
The price for the 91s was 99.991153 and that for the 182s was 99.949444.
The median bid on the 91s was 0.025%. The low bid was zero.
Tenders at the high rate were allotted 83.55%. The bid-to-cover ratio was 4.69.
Tenders totaled $126,627,417,800 and the Treasury accepted $27,000,481,300 including $916,442,800 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.085%. The low bid was 0.055%.
Tenders at the high rate were allotted 3.88%. The bid-to-cover ratio was 4.69.
Tenders totaled $112,674,238,900 and the Treasury accepted $24,000,206,900, including $725,333,900 of non-competitive.
The Fed banks bought nothing for themselves.
