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 0.095% the prior week, and the six-months incurred a 0.140% high rate, off from 0.150% the week before.
Coupon equivalents were 0.076% and 0.142%, respectively.
The price for the 91s was 99.981042 and that for the 182s was 99.929222.
The median bid on the 91s was 0.070%. The low bid was 0.050%.
Tenders at the high rate were allotted 93.26%. The bid-to-cover ratio was 4.57.
Tenders totaled $141,564,187,800 and the Treasury accepted $31,000,360,800 including $764,301,800 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.135%. The low bid was 0.110%.
Tenders at the high rate were allotted 69.91%. The bid-to-cover ratio was 4.58.
Tenders totaled $132,786,901,100 and the Treasury accepted $29,000,578,100, including $641,901,100 of non-competitive.
The Fed banks bought nothing for themselves.
