Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were higher, as the three-months incurred a 0.055% high rate, up from 0.030% the previous week, and the six-months incurred a 0.100% high rate, up from 0.070% .
Coupon equivalents were 0.056% and 0.102%, respectively.
The price for the 91s was 99.986097 and the price for the 182s was 99.949167.
The median bid on the 91s was 0.040%. The low bid was 0.020%.
Tenders at the high rate were allotted 8.95%. The bid-to-cover ratio was pegged at 4.70.
Tenders totaled $126,988,052,100 and the Treasury accepted $27,000,367,100, including $903,283,100 of noncompetitive.
The median bid for the 182-day discount bills was 0.090%. The low bid was 0.050%.
Tenders at the high rate were allotted 6.00%, while the bid-to-cover ratio was 4.97.
Tenders totaled $119,274,150,500 and the Treasury accepted $24,000,950,500, including $656,496,500 of noncompetitive.
Also, the Treasury Department said Monday that it will sell $28 billion of four-week discount bills Tuesday.
There are currently $60.003 billion of four-week bills outstanding.
Federal Reserve banks hold $2.418 billion in maturing bills in their own accounts.
