Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were higher Monday, as the three-months incurred a 0.140% high rate, up from 0.135% the previous week, and the six-months incurred a 0.190% high rate, up from 0.180%.

Coupon equivalents were 0.142% and 0.193%, respectively. The price for the 91s was 99.964611 and that for the 182s was 99.903944.

The median bid on the 91s was 0.130%. The low bid was 0.110%. Tenders at the high rate were allotted 34.54%. The bid-to-cover ratio was 4.35. Tenders totaled $126,124,643,000 and the Treasury accepted $29,002,108,000, including $1,129,838,000 of noncompetitive.

The median bid for the 182s was 0.170%. The low bid was 0.140%. Tenders at the high rate were allotted 17.23%. The bid-to-cover ratio was 4.57. Tenders totaled $132,479,560,600 and the Treasury accepted $29,001,257,600, including $838,455,600 of noncompetitive.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.