Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were mixed yesterday, as the three-months incurred a 0.160% high rate, down from 0.165% the previous week, and the six-months incurred a 0.220% high rate, unchanged from 0.220% .
Coupon equivalents were 0.162% and 0.223%, respectively. The price for the 91s was 99.959556 and that for the 182s was 99.888778. The median bid on the 91s was 0.150%. The low bid was 0.110%.
Tenders at the high rate were allotted 16.14%. The bid-to-cover ratio was 4.51.
Tenders totaled $121,775,833,800 and the Treasury accepted $27,000,439,200, including $1,134,593,800 of noncompetitive.
The median bid for the 182s was 0.210%. The low bid was 0.180%. Tenders at the high rate were allotted 73.80%. The bid-to-cover ratio was 4.01.
Tenders totaled $108,341,066,600 and the Treasury accepted $27,000,896,600, including $787,166,600 of noncompetitive.
