Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were higher, as the three-months incurred a 0.160% high rate, up from 0.140% the previous week, and the six-months incurred a 0.195% high rate, up from 0.190% . Coupon equivalents were 0.162% and 0.198%, respectively.
The price for the 91s was 99.959556 and that for the 182s was 99.901417. The median bid on the 91s was 0.145%. The low bid was 0.120%. Tenders at the high rate were allotted 30.43%. The bid-to-cover ratio was 4.36. Tenders totaled $126,361,390,700 and the Treasury accepted $29,000,443,200, including $1,173,611,700 of noncompetitive.