Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were mixed, as the three-months incurred a 0.115% high rate, up from 0.100% the previous week, and the six-months incurred a 0.190% high rate, unchanged from 0.190% the week before.
Coupon equivalents were 0.117% and 0.193%, respectively.
The price for the 91s was 99.970931 and that for the 182s was 99.903944.
The median bid on the 91s was 0.090%. The low bid was 0.070%.
Tenders at the high rate were allotted 38.02%. The bid-to-cover ratio was 3.65.
Tenders totaled $109,423,577,700 and the Treasury accepted $30,000,017,700, including $1,270,417,200 of noncompetitive.
Federal Reserve banks bought nothing for themselves.
The median bid for the 182s was 0.170%. The low bid was 0.140%.
Tenders at the high rate were allotted 3.61%. The bid-to-cover ratio was 3.80.
Tenders totaled $110,276,934,400 and the Treasury accepted $29,000,211,300, including $976,331,400 of noncompetitive.
The Fed banks bought nothing for themselves.