Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were higher Monday, as the three-months incurred an 0.080% high rate, up from 0.050% the previous week, and the six-months incurred a 0.100% high rate, up from 0.075% .
Coupon equivalents were 0.081% and 0.102%, respectively. The price for the 91s was 99.979778 and that for the 182s was 99.949444.
The median bid on the 91s was 0.070%. The low bid was 0.050%. Tenders at the high rate were allotted 13.10%. The bid-to-cover ratio was 4.63. Tenders totaled $152,762,874,100 and the Treasury accepted $33,001,874,100, including $755,184,100 of noncompetitive.
The median bid for the 182s was 0.095%. The low bid was 0.060%. Tenders at the high rate were allotted 50.69%. The bid-to-cover ratio was 4.76. Tenders totaled $147,591,375,400 and the Treasury accepted $31,000,235,400, including $675,516,100 of noncompetitive.
