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, off from 0.155% the prior week, and the six-months incurred a 0.185% high rate, down from 0.190% the week before.
Coupon equivalents were 0.132% and 0.188%, respectively.
The price for the 91s was 99.967139 and that for the 182s was 99.906472.
The median bid on the 91s was 0.120%. The low bid was 0.100%.
Tenders at the high rate were allotted 62.51%. The bid-to-cover ratio was 4.56.
Tenders totaled $132,215,292,100 and the Treasury accepted $29,000,339,600 including $1,145,206,100 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.170%. The low bid was 0.150%.
Tenders at the high rate were allotted 8.44%. The bid-to-cover ratio was 4.59.
Tenders totaled $133,095,423,100 and the Treasury accepted $29,000,036,300, including $790,301,100 of non-competitive.
The Fed banks bought nothing for themselves.
