Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were mixed on Monday, as the three-months incurred a 1.050% high rate, up from 1.045% the prior week, and the six-months incurred a 1.170% high rate, off from 1.180% the week before.
Coupon equivalents were 1.067% and 1.193%, respectively. The price for the 91s was 99.734583 and that for the 182s was 99.408500.
The median bid on the 91s was 1.025%. The low bid was 1.000%.
Tenders at the high rate were allotted 75.70%. The bid-to-cover ratio was 2.89.
Tenders totaled $121,370,119,500 and the Treasury accepted $42,000,519,500 including $569,802,500 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 1.165%. The low bid was 1.135%.
Tenders at the high rate were allotted 93.09%. The bid-to-cover ratio was 3.34.
Tenders totaled $120,306,312,300 and the Treasury accepted $36,000,632,800, including $436,418,600 of non-competitive.
The Fed banks bought nothing for themselves.
