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 0.090% high rate, down from 0.110% the prior week, and the six-months incurred a 0.135% high rate, off from 0.155% the week before.
Coupon equivalents were 0.092% and 0.137%, respectively.
The price for the 91s was 99.977250 and that for the 182s was 99.931750.
The median bid on the 91s was 0.070%. The low bid was 0.040%.
Tenders at the high rate were allotted 0.05%. The bid-to-cover ratio was 4.38.
Tenders totaled $140,091,215,100 and the Treasury accepted $32,000,387,600 including $1,065,850,100 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.120%. The low bid was 0.090%.
Tenders at the high rate were allotted 63.16%. The bid-to-cover ratio was 4.51.
Tenders totaled $135,213,339,700 and the Treasury accepted $30,000,679,700, including $780,139,700 of non-competitive.
The Fed banks bought nothing for themselves.
