Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were mixed Monday, as the three-months incurred a 0.150% high rate, down from 0.155% the previous week, and the six-months incurred a 0.200% high rate, up from 0.195%. Coupon equivalents were 0.152% and 0.203%, respectively.
The price for the 91s was 99.962083 and that for the 182s was 99.898889. The median bid on the 91s was 0.125%. The low bid was 0.100%. Tenders at the high rate were allotted 49.86%. The bid-to-cover ratio was 4.34.