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 0.165% high rate, up from 0.150% the prior week, and the six-months incurred a 0.245% high rate, up from 0.240% the week before.
Coupon equivalents were 0.167% and 0.249%, respectively.
The price for the 91s was 99.958292 and that for the 182s was 99.876139.
The median bid on the 91s was 0.150%. The low bid was 0.115%.
Tenders at the high rate were allotted 66.06%. The bid-to-cover ratio was 4.55.
Tenders totaled $109,317,832,400 and the Treasury accepted $24,000,576,400 including $1,119,946,400 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.230%. The low bid was 0.200%.
Tenders at the high rate were allotted 18.25%. The bid-to-cover ratio was 4.32.
Tenders totaled $108,070,332,600 and the Treasury accepted $25,000,492,600, including $791,032,600 of non-competitive.
The Fed banks bought nothing for themselves.
