Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were higher, as the three-months incurred a 0.065% high rate, up from 0.060% the previous week, and the six-months incurred a 0.115% high rate, up from 0.110%.
Coupon equivalents were 0.066% and 0.117%, respectively.
The price for the 91s was 99.983569 and that for the 182s was 99.941861.
The median bid on the 91s was 0.050%. The low bid was 0.040%.
Tenders at the high rate were allotted 58.46%. The bid-to-cover ratio was 4.72.
Tenders totaled $136,980,344,200 and the Treasury accepted $29,000,508,200, including $997,500,000 of noncompetitive.
Federal Reserve banks bought nothing for themselves.
The median bid for the 182s was 0.100%. The low bid was 0.070%.
Tenders at the high rate were allotted 70.28%. The bid-to-cover ratio was 4.75.
Tenders totaled $128,179,453,800 and the Treasury accepted $27,000,083,800, including $690,953,800 of noncompetitive.
The Fed banks bought nothing for themselves.