Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were mixed, as the three-months incurred a 0.105% high rate, up from 0.100% the prior week, and the six-months incurred a 0.130% high rate, unchanged from 0.130% the week before.
Coupon equivalents were 0.106% and 0.132%, respectively.
The price for the 91s was 99.973458 and that for the 182s was 99.934278.
The median bid on the 91s was 0.095%. The low bid was 0.080%.
Tenders at the high rate were allotted 2.43%. The bid-to-cover ratio was 4.59.
Tenders totaled $146,884,089,900 and the Treasury accepted $32,000,649,900 including $608,274,900 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.125%. The low bid was 0.105%.
Tenders at the high rate were allotted 81.35%. The bid-to-cover ratio was 4.92.
Tenders totaled $137,714,629,200 and the Treasury accepted $28,000,774,200, including $552,429,200 of non-competitive.
The Fed banks bought nothing for themselves.
