Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.130% high rate, off from 0.155% the previous week, and the six-months incurred a 0.185% high, down from 0.190%.
Coupon equivalents were 0.132% and 0.188%, respectively. The price was 99.967139 for the 91s and 99.906472 for the 182s.
The median bid on the 91s was 0.120%. The low bid was 0.100%. Tenders at the high rate were allotted 62.51%. The bid-to-cover ratio was 4.56. Tenders totaled $132,215,292,100 and the Treasury accepted $29,000,339,600, including $1,145,206,100 of noncompetitive.
The median bid for the 182s was 0.170%. The low bid was 0.150%. Tenders at the high rate were allotted 8.44%. The bid-to-cover ratio was 4.59. Tenders totaled $133,095,423,100 and the Treasury accepted $29,000,036,300, including $790,301,100 of noncompetitive.
