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 0.145% high rate, down from 0.175% the prior week, and the six-months incurred a 0.185% high rate, down from 0.210% the week before.
Coupon equivalents were 0.147% and 0.188%, respectively.
The price for the 91s was 99.963347 and that for the 182s was 99.906472.
The median bid on the 91s was 0.130%. The low bid was 0.100%.
Tenders at the high rate were allotted 10.39%. The bid-to-cover ratio was 4.70.
Tenders totaled $136,268,183,700 and the Treasury accepted $29,000,023,700 including $1,107,609,700 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 98.09%. The bid-to-cover ratio was 4.61.
Tenders totaled $129,116,382,700 and the Treasury accepted $28,000,547,700, including $826,717,700 of non-competitive.
The Fed banks bought nothing for themselves.
