Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.025% high rate, off from 0.050% the week before, and the six-months incurred a 0.065% high rate, down from 0.100%.
Coupon equivalents were 0.025% and 0.066%, respectively.
The price for the 91s was 99.993681 and the price for the 182s was 99.967139.
The median bid on the 91s was 0.015%. The low bid was zero.
Tenders at the high rate were allotted 78.86%. The bid-to-cover ratio was 4.67.
Tenders totaled $135,334,102,000 and the Treasury accepted $29,000,442,000 including $954,602,000 of noncompetitive.
The median bid for the 182s was 0.050%. The low bid was 0.010%.
Tenders at the high rate were allotted 85.05%. The bid-to-cover ratio was 4.76.
Tenders totaled $128,452,082,600 and the Treasury accepted $27,000,417,600, including $790,082,600 of noncompetitive.