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 0.065% high rate, down from 0.130% the prior week, and the six-months incurred a 0.150% high rate, down from 0.210% the week before.
Coupon equivalents were 0.066% and 0.152%, respectively.
The price for the 91s was 99.983569 and that for the 182s was 99.924167.
The median bid on the 91s was 0.050%. The low bid was 0.010%.
Tenders at the high rate were allotted 33.83%. The bid-to-cover ratio was 4.93.
Tenders totaled $133,181,653,500 and the Treasury accepted $27,000,713,500 including $1,174,099,900 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.135%. The low bid was 0.100%.
Tenders at the high rate were allotted 92.33%. The bid-to-cover ratio was 4.25.
Tenders totaled $114,812,586,500 and the Treasury accepted $27,000,164,500, including $789,775,500 of non-competitive.
The Fed banks bought nothing for themselves.
