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, unchanged from 1.050% the prior week, and the six-months incurred a 1.190% high rate, up from 1.170% the week before.
Coupon equivalents were 1.067% and 1.214%, respectively. The price for the 91s was 99.734583 and that for the 182s was 99.398389.
The median bid on the 91s was 1.020%. The low bid was 0.985%.
Tenders at the high rate were allotted 31.57%. The bid-to-cover ratio was 2.89.
Tenders totaled $121,493,296,800 and the Treasury accepted $42,000,056,800 including $525,026,400 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 1.165%. The low bid was 1.130%.
Tenders at the high rate were allotted 71.80%. The bid-to-cover ratio was 3.03.
Tenders totaled $108,934,596,400 and the Treasury accepted $36,000,286,400, including $458,724,400 of non-competitive.
The Fed banks bought nothing for themselves.
