Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were mixed, as the three-months incurred a 0.095% high rate, unchanged from 0.095% the previous week, and the six-months incurred a 0.150% high rate, up from 0.145%.
Coupon equivalents were 0.096% and 0.152%, 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 0.060%.
Tenders at the high rate were allotted 2.64%. The bid-to-cover ratio was 4.30.
Tenders totaled $141,801,482,000, and the Treasury accepted $33,000,154,000, including $747,651,300 of noncompetitive.
Federal Reserve banks did not purchase any for themselves.
The median bid for the 182s was 0.140%. The low bid was 0.120%.
Tenders at the high rate were allotted 41.27%. The bid-to-cover ratio was 4.42.
Tenders totaled $136,992,073,700, and the Treasury accepted $31,000,823,200, including $592,073,700 of noncompetitive.
The Fed banks bought nothing for their own accounts.