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, off from 0. 130% the prior week, and the six-months incurred a 0.165% high rate, down from 0.185% the week before.
Coupon equivalents were 0.127% and 0.167%, respectively.
The price for the 91s was 99.968403 and that for the 182s was 99.916583.
The median bid on the 91s was 0.110%. The low bid was 0.100%.
Tenders at the high rate were allotted 41.64%. The bid-to-cover ratio was 4.48.
Tenders totaled $129,962,738,500 and the Treasury accepted $29,000,091,700 including $1,099,738,500 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 11.37%. The bid-to-cover ratio was 4.55.
Tenders totaled $131,874,171,900 and the Treasury accepted $29,000,397,900, including $866,711,900 of non-competitive.
The Fed banks bought nothing for themselves.
