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, down from 0.175% the prior week, and the six-months incurred a 0.240% high rate, down from 0.265%.
Coupon equivalents were 0.157% and 0.244%, respectively.
The price for the 91s was 99.960819 and that for the 182s was 99.878667.
The median bid on the 91s was 0.145%. The low bid was 0.100%. Tenders at the high rate were allotted 67.57%. The bid-to-cover ratio was 4.52.
Tenders totaled $117,649,632,200 and the Treasury accepted $26,000,625,200 including $1,123,490,200 of noncompetitive.
The median bid for the 182s was 0.220%.
The low bid was 0.190%. Tenders at the high rate were allotted 0.76%. The bid-to-cover ratio was 4.40.
Tenders totaled $118,754,752,100 and the Treasury accepted $27,000,208,500, including $927,401,100 of noncompetitive.
