Tender rates for the Treasury Department’s latest 91-day and 183-day discount bills were lower, as the three-months incurred a 0.085% high rate, off from 0.095% the previous week, and the six-months incurred a 0.140% high rate, down from 0.145% the week before.
Coupon equivalents were 0.086% and 0.142%. The price for the 91s was 99.978514 and for the 183s was 99.928833. The median bid on the 91s was 0.080%. The low bid was 0.065%. Tenders at the high rate were allotted 58.15%. The bid-to-cover ratio was 4.61. Tenders totaled $138,347,220,700. The Treasury accepted $30,000,208,200, including $705,901,700 non-competitive.