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 0.145% the prior week, and the six-months incurred a 0.240% high rate, up from 0.220% the week before.
Coupon equivalents were 0.152% and 0.244%, respectively.
The price for the 91s was 99.962083 and that for the 182s was 99.878667.
The median bid on the 91s was 0.140%. The low bid was 0.100%.
Tenders at the high rate were allotted 72.61%. The bid-to-cover ratio was 4.69.
Tenders totaled $112,583,359,800 and the Treasury accepted $24,000,475,800 including $1,242,240,800 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.230%. The low bid was 0.195%.
Tenders at the high rate were allotted 20.89%. The bid-to-cover ratio was 4.42.
Tenders totaled $110,529,064,600 and the Treasury accepted $25,000,808,600, including $896,064,600 of non-competitive.
The Fed banks bought nothing for themselves.
