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 0.050% high rate, up from 0. 040% the prior week, and the six-months incurred a 0.075% high rate, up from 0.070% the week before.
Coupon equivalents were 0.051% and 0.076%, respectively.
The price for the 91s was 99.987361 and that for the 182s was 99.962083.
The median bid on the 91s was 0.045%. The low bid was 0.030%.
Tenders at the high rate were allotted 93.73%. The bid-to-cover ratio was 4.56.
Tenders totaled $141,276,080,100 and the Treasury accepted $31,000,815,100 including $714,430,100 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.070%. The low bid was 0.050%.
Tenders at the high rate were allotted 93.31%. The bid-to-cover ratio was 4.78.
Tenders totaled $138,766,540,500 and the Treasury accepted $29,000,641,500, including $609,730,500 of non-competitive.
The Fed banks bought nothing for themselves.
