Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were higher, as the three-months incurred a 0.030% high rate, up from 0.015% the previous week, and the six-months incurred a 0.070% high rate, up from 0.045%.
Coupon equivalents were 0.031% and 0.071%, respectively.
The price for the 91s was 99.992417 and that for the 182s was 99.964611.
The median bid on the 91s was 0.020%. The low bid was zero.
Tenders at the high rate were allotted 88.45%. The bid-to-cover ratio was 4.54.
Tenders totaled $131,676,635,200 and the Treasury accepted $29,000,405,200, including $780,935,100 of noncompetitive.
The median bid for the 182s was 0.060%. The low bid was 0.030%.
Tenders at the high rate were allotted 52.58%. The bid-to-cover ratio was 4.52.
Tenders totaled $121,936,170,200 and the Treasury accepted $27,000,819,200, including $565,310,200 of noncompetitive.