Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were higher on Monday, as the three-months incurred a 1.185% high rate, up from 1.130% the prior week, and the six-months incurred a 1.300% high rate, up from 1.260% the week before.
Coupon equivalents were 1.205% and 1.327%, respectively. The price for the 91s was 99.700458 and that for the 182s was 99.342778.
The median bid on the 91s was 1.160%. The low bid was 1.140%.
Tenders at the high rate were allotted 98.82%. The bid-to-cover ratio was 3.17.
Tenders totaled $133,310,962,700 and the Treasury accepted $42,000,237,700 including $577,929,700 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 1.275%. The low bid was 1.260%.
Tenders at the high rate were allotted 9.76%. The bid-to-cover ratio was 3.23.
Tenders totaled $116,135,361,400 and the Treasury accepted $36,000,081,400, including $485,439,400 of non-competitive.
The Fed banks bought nothing for themselves.
