Tender rates for the Treasury Department's latest 90-day and 181-day discount bills were mixed, as the three-months incurred a 0.020% high rate, down from 0.025% the prior week, and the six-months incurred a 0.070% high rate, unchanged from 0.070% the week before.
Coupon equivalents were 0.020% and 0.071%, respectively.
The price for the 90s was 99.995000 and that for the 181s was 99.964806.
The median bid on the 90s was 0.010%. The low bid was zero.
Tenders at the high rate were allotted 25.44%. The bid-to-cover ratio was 4.28.
Tenders totaled $102,660,618,200 and the Treasury accepted $24,001,138,200 including $390,465,200 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 181s was 0.065%. The low bid was 0.040%.
Tenders at the high rate were allotted 87.57%. The bid-to-cover ratio was 4.03.
Tenders totaled $112,854,383,600 and the Treasury accepted $28,000,196,100, including $349,018,600 of non-competitive.
The Fed banks bought nothing for themselves.
