Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were higher, as the three-months incurred a 0.175% high rate, up from 0.145% the prior week, and the six-months incurred a 0.265% high rate, up from 0.240% the week before.
Coupon equivalents were 0.178% and 0.269%, respectively.
The price for the 91s was 99.955764 and that for the 182s was 99.866028.
The median bid on the 91s was 0.160%. The low bid was 1.120%.
Tenders at the high rate were allotted 30.70%. The bid-to-cover ratio was 3.60.
Tenders totaled $99,524,336,000 and the Treasury accepted $26,711,206,000, including $1,157,656,600 of noncompetitive.
The Federal Reserve banks bought nothing for themselves.
The median bid for the 182s was 0.250%. The low bid was 0.200%.
Tenders at the high rate were allotted 39.79%. The bid-to-cover ratio was 3.63.
Tenders totaled $104,021,030,000 and the Treasury accepted $27,835,835,100, including $764,415,800 of noncompetitive.
The Fed banks bought nothing for themselves.