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 0.180% high rate, up from 0.160% 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 0.110%.
Tenders at the high rate were allotted 64.21%. The bid-to-cover ratio was 4.39.
Tenders totaled $127,375,177,000 and the Treasury accepted $29,000,016,000 including $1,169,777,000 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.170%. The low bid was 0.135%.
Tenders at the high rate were allotted 89.75%. The bid-to-cover ratio was 3.97.
Tenders totaled $111,265,630,900 and the Treasury accepted $28,001,055,900, including $769,730,900 of non-competitive.
The Fed banks bought nothing for themselves.
