NEW YORK - Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were mixed, as the three-months incurred a 0.050% high rate, down from 0.060% the prior week, and the six-months incurred a 0.165% high rate, a rise from 0.150% the week before.
Coupon equivalents were 0.051% and 0.167%, respectively.
The price for the 91s was 99.987361 and that for the 182s was 99.916583.
The median bid on the 91s was 0.030%. The low bid was zero.
Tenders at the high rate were allotted 7.36%. The bid-to-cover ratio was 4.14.
Tenders totaled $124,314,249,500 and the Treasury accepted $30,000,377,500 including $1,164,929,500 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.145%. The low bid was 0.110%.
Tenders at the high rate were allotted 2.32%. The bid-to-cover ratio was 3.59.
Tenders totaled $111,439,025,400 and the Treasury accepted $31,000,079,400, including $915,430,400 of non-competitive.
The Fed banks bought nothing for themselves.
