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 0.150% high rate, up from 0.125% the prior week, and the six-months incurred a 0.205% high rate, up from 0.185% the week before.
Coupon equivalents were 0.152% and 0.208%, respectively.
The price for the 91s was 99.962083 and that for the 182s was 99.896361.
The median bid on the 91s was 0.140%. The low bid was 0.050%.
Tenders at the high rate were allotted 66.02%. The bid-to-cover ratio was 4.27.
Tenders totaled $111,002,138,500 and the Treasury accepted $26,000,287,500 including $1,112,838,500 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 33.00%. The bid-to-cover ratio was 3.81.
Tenders totaled $106,690,800,700 and the Treasury accepted $28,000,550,700, including $779,900,700 of non-competitive.
The Fed banks bought nothing for themselves.
