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 0.165% the prior week, and the six-months incurred a 0.200% high rate, down from 0.205% the week before.
Coupon equivalents were 0.152% and 0.203%, respectively.
The price for the 91s was 99.962083 and that for the 182s was 99.898889.
The median bid on the 91s was 0.140%. The low bid was 0.110%.
Tenders at the high rate were allotted 80.78%. The bid-to-cover ratio was 4.64.
Tenders totaled $139,137,483,100 and the Treasury accepted $30,000,120,100 including $1,093,558,100 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.190%. The low bid was 0.150%.
Tenders at the high rate were allotted 36.10%. The bid-to-cover ratio was 3.90.
Tenders totaled $117,065,767,500 and the Treasury accepted $30,000,612,500, including $875,457,500 of non-competitive.
The Fed banks bought nothing for themselves.
