Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were higher, as the three-months incurred a 0.095% high rate, up from 0.090% the previous week, and the six-months incurred a 0.150% high rate, up from 0.135%.
Coupon equivalents were 0.097% and 0.153%, respectively.
The price for the 91s was 99.975986 and that for the 182s was 99.924167.
The median bid on the 91s was 0.085%. The low bid was 0.055%. Tenders at the high rate were allotted 55.77%. The bid-to-cover ratio was 4.54. Tenders totaled $145,368,908,000 and the Treasury accepted $32,000,161,500, including $1,013,691,000 of noncompetitive.
The median bid for the 182s was 0.135%. The low bid was 0.100%.
Tenders at the high rate were allotted 0.48%. The bid-to-cover ratio was 4.61.
Tenders totaled $138,415,427,600 and the Treasury accepted $30,000,243,600, including $674,041,600 of noncompetitive.