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 0.110% high rate, up from 0.095% the prior week, and the six-months incurred a 0.170% high rate, up from 0.165% the week before.
Coupon equivalents were 0.112% and 0.173%, respectively.
The price for the 91s was 99.972194 and that for the 182s was 99.914056.
The median bid on the 91s was 0.095%. The low bid was 0.050%.
Tenders at the high rate were allotted 7.85%. The bid-to-cover ratio was 4.46.
Tenders totaled $107,075,288,800 and the Treasury accepted $24,000,183,800 including $1,318,563,800 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.150%. The low bid was 0.100%.
Tenders at the high rate were allotted 43.40%. The bid-to-cover ratio was 3.83.
Tenders totaled $103,368,814,200 and the Treasury accepted $27,000,114,200, including $912,314,200 of non-competitive.
The Fed banks bought nothing for themselves.
