Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were higher, as the three-months incurred a 0.100% high rate, up from 0.085% the prior week, and the six-months incurred a 0.145% high rate, up from 0.135% the week before.
Coupon equivalents were 0.101% and 0.147%, respectively.
The price for the 91s was 99.974722 and that for the 182s was 99.926694.
The median bid on the 91s was 0.095%. The low bid was 0.080%.
Tenders at the high rate were allotted 72.35%. The bid-to-cover ratio was 4.55.
Tenders totaled $145,623,367,200 and the Treasury accepted $32,000,434,700 including $620,367,200 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.135%. The low bid was 0.110%.
Tenders at the high rate were allotted 9.31%. The bid-to-cover ratio was 4.68.
Tenders totaled $131,032,496,100 and the Treasury accepted $28,000,452,100, including $664,796,100 of non-competitive.
The Fed banks bought nothing for themselves.
