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 0.135% high rate, down from 0.145% the prior week, and the six-months incurred a 0.180% high rate, up from 0.190% the week before.
Coupon equivalents were 0.137% and 0.183%, respectively.
The price for the 91s was 99.965875 and that for the 182s was 99.909000.
The median bid on the 91s was 0.120%. The low bid was 0.100%.
Tenders at the high rate were allotted 18.44%. The bid-to-cover ratio was 4.42.
Tenders totaled $132,643,963,600 and the Treasury accepted $30,000,784,800 including $1,182,421,600 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.165%. The low bid was 0.140%.
Tenders at the high rate were allotted 33.04%. The bid-to-cover ratio was 4.45.
Tenders totaled $133,646,108,200 and the Treasury accepted $30,000,629,800, including $752,108,200 of non-competitive.
The Fed banks bought nothing for themselves.
