Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.130% high rate, down from 0.140% the previous week, and the six-months incurred a 0.185% high rate, up from 0.190%.
Coupon equivalents were 0.132% and 0.188%, respectively. The price for the 91s was 99.967139 and that for the 182s was 99.906472.
The median bid on the 91s was 0.115%. The low bid was 0.080%. Tenders at the high rate were allotted 38.91%. The bid-to-cover ratio was 4.12.
Tenders totaled $119,487,274,500 and the Treasury accepted $29,000,822,000, including $1,088,836,500 of noncompetitive.
The median bid for the 182s was 0.170%. The low bid was 0.140%. Tenders at the high rate were allotted 22.46%. The bid-to-cover ratio was 4.08.
Tenders totaled $114,248,287,400 and the Treasury accepted $28,000,411,400, including $760,287,400 of noncompetitive.
