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 0.130% high rate, down from 0.150% the prior week, and the six-months incurred a 0.165% high rate, down from 0.175% the week before.
Coupon equivalents were 0.132% and 0.167%, respectively.
The price for the 91s was 99.967139 and that for the 182s was 99.916583.
The median bid on the 91s was 0.110%. The low bid was 0.090%.
Tenders at the high rate were allotted 2.42%. The bid-to-cover ratio was 4.56.
Tenders totaled $145,790,579,800 and the Treasury accepted $32,000,968,800 including $1,160,324,800 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.150%. The low bid was 0.125%.
Tenders at the high rate were allotted 23.11%. The bid-to-cover ratio was 4.72.
Tenders totaled $141,533,661,200 and the Treasury accepted $30,001,617,600, including $901,314,200 of non-competitive.
The Fed banks bought nothing for themselves.
