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 0.045% high rate, down from 0.060% the prior week, and the six-months incurred a 0.105% high rate, off from 0.115% the week before.
Coupon equivalents were 0.046% and 0.107%, respectively.
The price for the 91s was 99.988625 and that for the 182s was 99.946917.
The median bid on the 91s was 0.035%. The low bid was zero.
Tenders at the high rate were allotted 55.01%. The bid-to-cover ratio was 4.85.
Tenders totaled $130,937,190,000 and the Treasury accepted $27,000,385,000 including $886,240,000 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.090%. The low bid was 0.055%.
Tenders at the high rate were allotted 0.80%. The bid-to-cover ratio was 5.04.
Tenders totaled $120,869,276,200 and the Treasury accepted $24,000,996,200, including $670,276,200 of non-competitive.
The Fed banks bought nothing for themselves.
