Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were higher, as the three-months incurred a 0.060% high rate, up from 0.020% the week before, and the six-months incurred a 0.100% high rate, up from 0.060%.
Coupon equivalents were 0.061% and 0.102%, respectively. The price for the 91s was 99.984833 and the 182s were 99.949444. The median bid on the 91s was 0.040%. The low bid was 0.010%. Tenders at the high rate were allotted 35.06%. The bid-to-cover ratio was 4.38. Tenders totaled $118,211,752,100 and the Treasury accepted $27,000,472,100, including $926,195,100 of noncompetitive.