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, flat from 0.105% the prior week, and the six-months incurred a 0.145% high rate, off from 0.150% the week before.
Coupon equivalents were 0.106% and 0.147%, respectively.
The price for the 91s was 99.973458 and that for the 182s was 99.926694.
The median bid on the 91s was 0.095%. The low bid was 0.075%.
Tenders at the high rate were allotted 11.89%. The bid-to-cover ratio was 4.33.
Tenders totaled $138,472,344,100 and the Treasury accepted $32,000,226,600 including $560,184,101 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.140%. The low bid was 0.100%.
Tenders at the high rate were allotted 32.56%. The bid-to-cover ratio was 4.98.
Tenders totaled $139,569,368,600 and the Treasury accepted $28,000,373,400, including $418,518,600 of non-competitive.
The Fed banks bought nothing for themselves.
