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, up from 0.020% the prior week, and the six-months incurred a 0.075% high rate, up from 0.070% the week before.
Coupon equivalents were 0.025% and 0.076%, respectively.
The price for the 91s was 99.993681 and that for the 182s was 99.962083.
The median bid on the 91s was 0.015%. The low bid was zero.
Tenders at the high rate were allotted 6.92%. The bid-to-cover ratio was 4.67.
Tenders totaled $112,019,737,300 and the Treasury accepted $24,000,149,300 including $349,070,300 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.065%. The low bid was 0.055%.
Tenders at the high rate were allotted 18.51%. The bid-to-cover ratio was 4.21.
Tenders totaled $109,536,979,200 and the Treasury accepted $26,001,194,600, including $290,731,200 of non-competitive.
The Fed banks bought nothing for themselves.
