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 0.050% high rate, unchanged from 0.050% the week before.
Coupon equivalents were 0.025% and 0.051%, respectively.
The price for the 91s was 99.993681 and that for the 182s was 99.974722.
The median bid on the 91s was 0.020%. The low bid was 0.005%.
Tenders at the high rate were allotted 71.72%. The bid-to-cover ratio was 4.58.
Tenders totaled $128,132,583,700 and the Treasury accepted $28,000,573,700 including $404,216,700 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.045%. The low bid was 0.025%.
Tenders at the high rate were allotted 11.40%. The bid-to-cover ratio was 4.79.
Tenders totaled $114,893,516,300 and the Treasury accepted $24,000,446,300, including $350,289,300 of non-competitive.
The Fed banks bought nothing for themselves.
