NEW YORK - Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were steady, as the three-months incurred a 0.065% high rate, unchanged from 0.065% the prior week, and the six-months incurred a 0.165% high rate, unchanged from 0.165% the week before.
Coupon equivalents were 0.066% and 0.167%, respectively.
The price for the 91s was 99.983569 and that for the 182s was 99.916583.
The median bid on the 91s was 0.050%. The low bid was 0.020%.
Tenders at the high rate were allotted 41.81%. The bid-to-cover ratio was 3.94.
Tenders totaled $118,279,138,400 and the Treasury accepted $30,000,703,400 including $1,412,863,400 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.155%. The low bid was 0.110%.
Tenders at the high rate were allotted 62.34%. The bid-to-cover ratio was 3.65.
Tenders totaled $113,207,938,300 and the Treasury accepted $31,000,306,300, including $851,379,900 of non-competitive.
The Fed banks bought nothing for themselves.
