Tender rates for the Treasury Department’s latest 92-day and 182-day discount bills were lower Monday, as the three-months incurred a 0.150% high rate, down from 0.155% a week before, and the six-months incurred a 0.190% high rate, down from 0.195%.
Coupon equivalents were 0.152% and 0.193%, respectively. The price for the 92s was 99.961667 and that for the 182s was 99.903944.
The median bid on the 92s was 0.140%. The low bid was 0.110%. Tenders at the high rate were allotted 93.00%. The bid-to-cover ratio was 3.96. Tenders totaled $118,721,070,700 and the Treasury accepted $30,000,020,700, including $1,233,195,700 of noncompetitive.
The median bid for the 182s was 0.170%. The low bid was 0.140%. Tenders at the high rate were allotted 2.89%. The bid-to-cover ratio was 3.99. Tenders totaled $119,807,598,400 and the Treasury accepted $30,001,014,400, including $871,834,400 of noncompetitive.
