Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were mixed, as the three-months incurred a 0.155% high rate, unchanged from 0.155% the previous week, and the six-months incurred a 0.180% high rate, down from 0.185%.
Coupon equivalents were 0.157% and 0.183%, respectively. The price for the 91s was 99.960819 and that for the 182s was 99.909000.
The median bid on the 91s was 0.145%. The low bid was 0.130%. Tenders at the high rate were allotted 56.51%. The bid-to-cover ratio was 4.71.
Tenders totaled $136,523,632,600 and the Treasury accepted $29,000,137,600, including $1,169,102,600 of noncompetitive.
The median bid for the 182s was 0.170%. The low bid was 0.140%.
Tenders at the high rate were allotted 76.96%. The bid-to-cover ratio was 5.16.
Tenders totaled $144,525,894,500 and the Treasury accepted $28,000,598,500, including $812,094,500 of noncompetitive.