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 0.060% high rate, down from 0.075% the prior week, and the six-months incurred a 0.170% high rate, down from 0.185% the week before.
Coupon equivalents were 0.061% and 0.173%, respectively.
The price for the 91s was 99.984833 and that for the 182s was 99.914056.
The median bid on the 91s was 0.050%. The low bid was 0.020%.
Tenders at the high rate were allotted 45.60%. The bid-to-cover ratio was 4.18.
Tenders totaled $121,231,238,400 and the Treasury accepted $29,000,146,400 including $1,283,119,400 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.150%. The low bid was 0.120%.
Tenders at the high rate were allotted 15.49%. The bid-to-cover ratio was 3.73.
Tenders totaled $111,955,091,900 and the Treasury accepted $30,000,332,000, including $876,091,900 of non-competitive.
The Fed banks bought nothing for themselves.
