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 0.150% high rate, down from 0.155% the prior week, and the six-months incurred a 0.170% high rate, down from 0.180% the week before.
Coupon equivalents were 0.152% and 0.173%, respectively.
The price for the 91s was 99.962083 and that for the 182s was 99.914056.
The median bid on the 91s was 0.130%. The low bid was 0.100%.
Tenders at the high rate were allotted 14.95%. The bid-to-cover ratio was 4.21.
Tenders totaled $134,786,659,800 and the Treasury accepted $32,001,859,800 including $1,075,159,800 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.155%. The low bid was 0.125%.
Tenders at the high rate were allotted 22.98%. The bid-to-cover ratio was 4.11.
Tenders totaled $123,440,175,300 and the Treasury accepted $30,000,803,300, including $816,360,300 of non-competitive.
The Fed banks bought nothing for themselves.
