NEW YORK - Tender rates for the Treasury Department’s latest 91-day and 183-day discount bills were lower, as the three-months incurred a 0.085% high rate, off from 0.095% the prior week, and the six-months incurred a 0.140% high rate, down from 0.145% the week before.
Coupon equivalents were 0.086% and 0.142%, respectively.
The price for the 91s was 99.978514 and that for the 183s was 99.928833.
The median bid on the 91s was 0.080%. The low bid was 0.065%.
Tenders at the high rate were allotted 58.15%. The bid-to-cover ratio was 4.61.
Tenders totaled $138,347,220,700 and the Treasury accepted $30,000,208,200 including $705,901,700 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 183s was 0.130%. The low bid was 0.115%.
Tenders at the high rate were allotted 91.56%. The bid-to-cover ratio was 4.97.
Tenders totaled $134,265,321,200 and the Treasury accepted $27,000,249,200, including $600,460,200 of non-competitive.
The Fed banks bought nothing for themselves.
