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 0.110% high rate, down from 0.130% the prior week, and the six-months incurred a 0.155% high rate, down from 0.165% the week before.
Coupon equivalents were 0.112% and 0.157%, respectively.
The price for the 91s was 99.972194 and that for the 182s was 99.921639.
The median bid on the 91s was 0.090%. The low bid was 0.060%.
Tenders at the high rate were allotted 23.22%. The bid-to-cover ratio was 4.14.
Tenders totaled $132,610,937,700 and the Treasury accepted $32,000,237,700 including $1,067,364,700 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.140%. The low bid was 0.100%.
Tenders at the high rate were allotted 9.07%. The bid-to-cover ratio was 4.29.
Tenders totaled $128,711,151,300 and the Treasury accepted $30,000,446,800, including $680,651,300 of non-competitive.
The Fed banks bought nothing for themselves.
