NEW YORK - Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were higher, as the three-months incurred a 0.080% high rate, down from 0.110% the prior week, and the six-months incurred a 0.180% high rate, down from 0.200% the week before.
Coupon equivalents were 0.081% and 0.183%, respectively.
The price for the 91s was 99.979778 and that for the 182s was 99.909000.
The median bid on the 91s was 0.065%. The low bid was 0.030%.
Tenders at the high rate were allotted 32.27%. The bid-to-cover ratio was 4.34.
Tenders totaled $108,382,040,700 and the Treasury accepted $25,000,203,200 including $1,213,724,700 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.165%. The low bid was 0.135%.
Tenders at the high rate were allotted 53.87%. The bid-to-cover ratio was 4.20.
Tenders totaled $109,231,047,000 and the Treasury accepted $26,000,423,000, including $824,947,000 of non-competitive.
The Fed banks bought nothing for themselves.
