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 0.145% the prior week, and the six-months incurred a 0.155% high rate, off from 0.170% the week before.
Coupon equivalents were 0.112% and 0.158%, respectively.
The price for the 91s was 99.972194 and that for the 182s was 99.921639.
The median bid on the 91s was 0.100%. The low bid was 0.050%.
Tenders at the high rate were allotted 91.99%. The bid-to-cover ratio was 4.43.
Tenders totaled $141,807,182,300 and the Treasury accepted $32,000,060,900 including $1,062,389,300 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.150%. The low bid was 0.120%.
Tenders at the high rate were allotted 42.10%. The bid-to-cover ratio was 4.55.
Tenders totaled $136,530,309,200 and the Treasury accepted $30,000,709,200, including $672,809,200 of non-competitive.
The Fed banks bought nothing for themselves.
