Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were mixed, as the three-months incurred a 0.050% high rate, unchanged from 0.050% the previous week, and the six-months incurred a 0.110% high rate, down from 0.130%.
Coupon equivalents were 0.051% and 0.112%, respectively. The price for the 91s was 99.987361 and that for the 182s was 99.944389.
The median bid on the 91s was 0.035%.
The low bid was 0.020%. Tenders at the high rate were allotted 36.14%. The bid-to-cover ratio was 4.18.
Tenders totaled $133,758,386,700 and the Treasury accepted $32,000,337,700, including $1,018,436,700 of noncompetitive.
The median bid for the 182s was 0.090%. The low bid was 0.065%. Tenders at the high rate were allotted 44.03%. The bid-to-cover ratio was 4.45.
Tenders totaled $133,418,922,700 and the Treasury accepted $30,000,650,300, including $809,602,700 of noncompetitive.