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 0.115% high rate, up from 0.085% the prior week, and the six-months incurred a 0.145% high rate, up from 0.125% the week before.
Coupon equivalents were 0.117% and 0.147%, respectively.
The price for the 91s was 99.970931 and that for the 182s was 99.926694.
The median bid on the 91s was 0.105%. The low bid was 0.085%.
Tenders at the high rate were allotted 4.16%. The bid-to-cover ratio was 4.24.
Tenders totaled $140,023,317,300 and the Treasury accepted $33,001,109,300 including $712,624,300 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.140%. The low bid was 0.115%.
Tenders at the high rate were allotted 54.08%. The bid-to-cover ratio was 4.32.
Tenders totaled $133,888,577,700 and the Treasury accepted $31,001,033,700, including $700,777,700 of non-competitive.
The Fed banks bought nothing for themselves.
