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 0.075% high rate, down from 0.085% the prior week, and the six-months incurred a 0.130% high rate, off from 0.140% the week before.
Coupon equivalents were 0.076% and 0.132%, respectively.
The price for the 91s was 99.981042 and that for the 182s was 99.934278.
The median bid on the 91s was 0.070%. The low bid was zero.
Tenders at the high rate were allotted 54.10%. The bid-to-cover ratio was 4.53.
Tenders totaled $135,837,137,700 and the Treasury accepted $30,000,437,700 including $752,137,700 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.120%. The low bid was 0.095%.
Tenders at the high rate were allotted 1.64%. The bid-to-cover ratio was 4.73.
Tenders totaled $127,827,716,200 and the Treasury accepted $27,000,754,200, including $434,900,000 of non-competitive.
The Fed banks bought nothing for themselves.
