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 0.060% high rate, up from 0.050% the prior week, and the six-months incurred a 0.110% high rate, unchanged from 0.110% the week before.
Coupon equivalents were 0.061% and 0.112%, respectively.
The price for the 91s was 99.984833 and that for the 182s was 99.944389.
The median bid on the 91s was 0.050%. The low bid was 0.030%.
Tenders at the high rate were allotted 73.04%. The bid-to-cover ratio was 4.82.
Tenders totaled $144,541,383,100 and the Treasury accepted $30,000,247,100 including $1,055,088,100 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.095%. The low bid was 0.070%.
Tenders at the high rate were allotted 56.93%. The bid-to-cover ratio was 4.79.
Tenders totaled $134,051,653,100 and the Treasury accepted $28,000,322,100, including $721,103,100 of non-competitive.
The Fed banks bought nothing for themselves.
