Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were higher yesterday than the week before, as the three-months incurred a 0.140% high rate, up from 0.120%, and the six-months incurred a 0.320% high rate, up from 0.290%.
Coupon equivalents were 0.142% and 0.325%, respectively.
The price for the 91s was 99.964611 and the price for the 182s was 99.838222.
The median bid on the 91s was 0.080%. The low bid was 0.000%.
Tenders at the high rate were allotted 53.11%. The bid-to-cover ratio was 3.06.
Tenders totaled $82,609,594,400 and the Treasury accepted $27,000,334,400, including $1,717,659,400 of noncompetitive.
The median bid for the 182s was 0.270%. The low bid was 0.195%.
Tenders at the high rate were allotted 30.66%. The bid-to-cover ratio was 2.69.
Tenders totaled $72,612,501,800 and the Treasury accepted $27,000,158,800, including $1,330,556,800 of noncompetitive.