Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were mixed, as the three-months incurred a 0.025% high rate, unchanged from 0.025% the prior week, and the six-months incurred a 0.055% high rate, down from 0.060% the week before.
Coupon equivalents were 0.025% and 0.056%, respectively.
The price for the 91s was 99.993681 and that for the 182s was 99.972194.
The median bid on the 91s was 0.020%. The low bid was 0.005%.
Tenders at the high rate were allotted 58.41%. The bid-to-cover ratio was 4.65.
Tenders totaled $120,968,689,200 and the Treasury accepted $26,000,589,200 including $464,136,700 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.050%. The low bid was 0.035%.
Tenders at the high rate were allotted 87.89%. The bid-to-cover ratio was 4.66.
Tenders totaled $111,794,605,100 and the Treasury accepted $24,000,503,600, including $453,355,100 of non-competitive.
The Fed banks bought nothing for themselves.
