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 0.055% high rate, up from 0.030% the prior week, and the six-months incurred a 0.100% high rate, up from 0.070% the week before.
Coupon equivalents were 0.056% and 0.102%, respectively.
The price for the 91s was 99.986097 and that for the 182s was 99.949167.
The median bid on the 91s was 0.040%. The low bid was 0.020%.
Tenders at the high rate were allotted 8.95%. The bid-to-cover ratio was 4.70.
Tenders totaled $126,988,052,100 and the Treasury accepted $27,000,367,100 including $903,283,100 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.090%. The low bid was 0.050%.
Tenders at the high rate were allotted 6.00%. The bid-to-cover ratio was 4.97.
Tenders totaled $119,274,150,500 and the Treasury accepted $24,000,950,500, including $656,496,500 of non-competitive.
The Fed banks bought nothing for themselves.
