Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.150% high rate, down from 0.160% the previous week, and the six-months incurred a 0.240% high rate, off from 0.255%.
Coupon equivalents were 0.152% and 0.244%, respectively. The price for the 91s was 99.962083 and that for the 182s was 99.878667.
The median bid on the 91s was 0.120%. The low bid was 0.105%. Tenders at the high rate were allotted 53.23%. The bid-to-cover ratio was 3.94. Tenders totaled $118,063,667,900 and the Treasury accepted $30,000,763,400.
The median bid for the 182s was 0.230%. The low bid was 0.195%. Tenders at the high rate were allotted 93.98%. The bid-to-cover ratio was 3.84. Tenders totaled $111,227,093,700 and the Treasury accepted $29,000,511,700.
