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 0.135% high rate, up from 0. 125% the prior week, and the six-months incurred a 0.170% high rate, up from 0.165% the week before.
Coupon equivalents were 0.137% and 0.173%, respectively.
The price for the 91s was 99.965875 and that for the 182s was 99.914056.
The median bid on the 91s was 0.120%. The low bid was 0.100%.
Tenders at the high rate were allotted 38.61%. The bid-to-cover ratio was 4.55.
Tenders totaled $131,961,496,500 and the Treasury accepted $29,000,150,300 including $1,056,302,500 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.150%. The low bid was 0.130%.
Tenders at the high rate were allotted 8.17%. The bid-to-cover ratio was 4.79.
Tenders totaled $134,010,461,900 and the Treasury accepted $28,000,024,400, including $793,161,900 of non-competitive.
The Fed banks bought nothing for themselves.
