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 0.115% the prior week, and the six-months incurred a 0.150% high rate, down from 0.190% the week before.
Coupon equivalents were 0.076% and 0.152%, respectively.
The price for the 91s was 99.981042 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 37.86%. The bid-to-cover ratio was 3.67.
Tenders totaled $110,222,122,800 and the Treasury accepted $30,000,022,800 including $1,304,015,800 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.130%. The low bid was 0.100%.
Tenders at the high rate were allotted 31.41%. The bid-to-cover ratio was 3.49.
Tenders totaled $104,680,904,400 and the Treasury accepted $30,000,242,700, including $852,582,700 of non-competitive.
The Fed banks bought nothing for themselves.
