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, down from 0.030% the prior week, and the six-months incurred a 0.060% high rate, unchanged from 0.060% the week before.
Coupon equivalents were 0.025% and 0.061%, respectively.
The price for the 91s was 99.993681 and that for the 182s was 99.969667.
The median bid on the 91s was 0.020%. The low bid was zero.
Tenders at the high rate were allotted 56.82%. The bid-to-cover ratio was 4.82.
Tenders totaled $120,464,408,900 and the Treasury accepted $25,000,968,900 including $436,957,900 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 10.54%. The bid-to-cover ratio was 4.93.
Tenders totaled $113,294,336,400 and the Treasury accepted $23,001,051,400, including $365,105,400 of non-competitive.
The Fed banks bought nothing for themselves.
