Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were higher, as the three-months incurred a 0.070% high rate, up from 0.040% the prior week, and the six-months incurred a 0.170% high rate, up from 0.160% the week before.
Coupon equivalents were 0.071% and 0.173%, respectively. The price for the 91s was 99.982306 and that for the 182s was 99.914056.
The median bid on the 91s was 0.050%. The low bid was zero. Tenders at the high rate were allotted 63.01%. The bid-to-cover ratio was 3.28. Tenders totaled $98,489,859,700 and the Treasury accepted $30,000,409,700 including $1,196,432,700 of non-competitive.
The median bid for the 182s was 0.150%. The low bid was 0.120%. Tenders at the high rate were allotted 52.13%. The bid-to-cover ratio was 3.56. Tenders totaled $110,412,177,700 and the Treasury accepted $31,000,179,700, including $839,702,700 of non-competitive.
