NEW YORK - Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were lower, as the three-months incurred an 0.080% high rate, down from 0.115% the prior week, and the six-months incurred a 0.130% high rate, off from 0.145% the week before.
Coupon equivalents were 0.081% and 0.132%, respectively.
The price for the 91s was 99.979778 and that for the 182s was 99.934278.
The median bid on the 91s was 0.070%. The low bid was 0.055%.
Tenders at the high rate were allotted 28.20%. The bid-to-cover ratio was 4.41.
Tenders totaled $145,474,739,900 and the Treasury accepted $33,000,419,900 including $727,056,900 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.120%. The low bid was 0.100%.
Tenders at the high rate were allotted 70.99%. The bid-to-cover ratio was 4.54.
Tenders totaled $140,872,961,000 and the Treasury accepted $31,000,410,500, including $596,161,000 of non-competitive.
The Fed banks bought nothing for themselves.
