Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were mixed Monday, as the three-months incurred a 0.155% high rate, up from 0.150% the previous week, and the six-months incurred a 0.195% high rate, down from 0.200%.
Coupon equivalents were 0.157% and 0.198%, respectively. The price for the 91s was 99.960819 and that for the 182s was 99.901417.
The median bid on the 91s was 0.145%. The low bid was 0.100%. Tenders at the high rate were allotted 1.39%. The
bid-to-cover ratio was 4.37.
Tenders totaled $131,188,795,500 and the Treasury accepted $30,001,873,000, including $1,085,064,500 of non-competitive.
The median bid for the 182s was 0.190%. The low bid was 0.150%. Tenders at the high rate were allotted 99.87%.
The bid-to-cover ratio was 4.23. Tenders totaled $126,835,036,500 and the Treasury accepted $30,000,151,300, including $901,885,800 of noncompetitive.