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 0.125% high rate, down from 0.130% the prior week, and the six-months incurred a 0.155% high rate, down from 0.170% the week before.
Coupon equivalents were 0.127% and 0.157%, respectively.
The price for the 91s was 99.968403 and that for the 182s was 99.921639.
The median bid on the 91s was 0.115%. The low bid was 0.090%.
Tenders at the high rate were allotted 46.81%. The bid-to-cover ratio was 4.62.
Tenders totaled $134,017,082,800 and the Treasury accepted $29,000,217,800 including $1,059,843,800 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.150%. The low bid was 0.120%.
Tenders at the high rate were allotted 83.84%. The bid-to-cover ratio was 4.86.
Tenders totaled $136,109,461,100 and the Treasury accepted $28,000,401,900, including $707,861,100 of non-competitive.
The Fed banks bought nothing for themselves.
