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 0.155% high rate, off from 0.160% the prior week, and the six-months incurred a 0.190% high rate, down from 0.195% the week before.
Coupon equivalents were 0.157% and 0.193%, respectively.
The price for the 91s was 99.960819 and that for the 182s was 99.903944.
The median bid on the 91s was 0.140%. The low bid was 0.120%.
Tenders at the high rate were allotted 6.43%. The bid-to-cover ratio was 4.31.
Tenders totaled $125,119,180,900 and the Treasury accepted $29,000,640,400 including $1,137,612,400 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.180%. The low bid was 0.145%.
Tenders at the high rate were allotted 94.39%. The bid-to-cover ratio was 4.53.
Tenders totaled $131,254,656,300 and the Treasury accepted $29,000,470,000, including $866,456,300 of non-competitive.
The Fed banks bought nothing for themselves.
