Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were higher, as the three-months incurred a 0.040% high rate, up from 0.025% the previous week, and the six-months incurred a 0.070% high rate, up from 0.060%.
Coupon equivalents were 0.041% and 0.071%, respectively. The price for the 91s was 99.989889 and the price for the 182s was 99.964611.
The median bid on the 91s was 0.035%. The low bid was 0.020%. Tenders at the high rate were allotted 32.15%. The bid-to-cover ratio was 4.98. Tenders totaled $144,372,155,500 and the Treasury accepted $29,001,168,000, including $808,570,500 of noncompetitive.
The median bid for the 182s was 0.065%. The low bid was 0.030%. Tenders at the high rate were allotted 62.45%. The bid-to-cover ratio was 5.01. Tenders totaled $135,368,066,300 and the Treasury accepted $27,001,431,300, including $728,266,300 of noncompetitive.
The Treasury also said it will sell $30 billion of four-week discount bills Tuesday.
The bills settle Jan. 26 and are due Feb. 23.
