Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.035% high rate, down from 0.050% the previous week, and the six-months incurred a 0.100% high rate, off from 0.105%.
Coupon equivalents were 0.036% and 0.102%, respectively. The price for the 91s was 99.991153 and that for the 182s was 99.949444.
Tenders for the 91s at the high rate were allotted 83.55%. The bid-to-cover ratio was 4.69. Tenders totaled $126,627,417,800 and the Treasury accepted $27,000,481,300 including $916,442,800 of noncompetitive.
Tenders for the 192s at the high rate were allotted 3.88%. The bid-to-cover ratio was 4.69. Tenders totaled $112,674,238,900 and the Treasury accepted $24,000,206,900, including $725,333,900 of noncompetitive.