Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were higher, as the three-months incurred a 0.190% high rate, up from 0.180% the week before, and the six-months incurred a 0.285% high rate, up from 0.270%.
Coupon equivalents were 0.193% and 0.289%, respectively. The price for the 91s was 99.951972 and that for the 182s was 99.855917.
The median bid on the 91s was 0.165%. The low bid was 0.120%. Tenders at the high rate were allotted 62.10%. The bid-to-cover ratio was 3.35.
The median bid for the 182s was 0.260%. The low bid was 0.230%.
Tenders at the high rate were allotted 62.46%. The bid-to-cover ratio was 3.60.