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 0.080% high rate, down from 0.085% the prior week, and the six-months incurred a 0.135% high rate, off from 0.150% the week before.
Coupon equivalents were 0.081% and 0.137%, respectively.
The price for the 91s was 99.979778 and that for the 182s was 99.931750.
The median bid on the 91s was 0.070%. The low bid was 0.055%.
Tenders at the high rate were allotted 89.39%. The bid-to-cover ratio was 4.50.
Tenders totaled $135,077,881,200 and the Treasury accepted $30,000,966,200 including $745,259,200 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.125%. The low bid was 0.100%.
Tenders at the high rate were allotted 26.15%. The bid-to-cover ratio was 4.44.
Tenders totaled $124,421,350,800 and the Treasury accepted $28,000,060,800, including $713,050,800 of non-competitive.
The Fed banks bought nothing for themselves.
