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. 065% the prior week, and the six-months incurred a 0.170% high rate, up from 0.150% the week before.
Coupon equivalents were 0.117% and 0.173%, respectively.
The price for the 91s was 99.970931 and that for the 182s was 99.914056.
The median bid on the 91s was 0.100%. The low bid was 0.070%.
Tenders at the high rate were allotted 96.56%. The bid-to-cover ratio was 3.91.
Tenders totaled $105,589,158,600 and the Treasury accepted $27,000,182,600 including $1,100,466,600 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.155%. The low bid was 0.130%.
Tenders at the high rate were allotted 84.91%. The bid-to-cover ratio was 4.12.
Tenders totaled $111,167,583,000 and the Treasury accepted $27,000,058,900, including $823,833,000 of non-competitive.
The Fed banks bought nothing for themselves.
