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 0.070% high rate, down from 0.075% the prior week, and the six-months incurred a 0.150% high rate, unchanged from 0.150% the week before.
Coupon equivalents were 0.071% and 0.152%, respectively.
The price for the 91s was 99.982306 and that for the 182s was 99.924167.
The median bid on the 91s was 0.050%. The low bid was 0.025%.
Tenders at the high rate were allotted 47.63%. The bid-to-cover ratio was 3.96.
Tenders totaled $118,929,406,200 and the Treasury accepted $30,000,287,200 including $1,286,401,200 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.140%. The low bid was 0.105%.
Tenders at the high rate were allotted 73.32%. The bid-to-cover ratio was 3.80.
Tenders totaled $113,947,203,400 and the Treasury accepted $30,000,720,200, including $1,006,453,400 of non-competitive.
The Fed banks bought nothing for themselves.
