Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were mixed, as the three-months incurred a zero high rate, unchanged from zero the prior week, and the six-months incurred a 0.080% high rate, up from 0.065% the week before.
Coupon equivalents were zero and 0.081%, respectively.
The price for the 91s was par and that for the 182s was 99.959556.
The median bid on the 91s was zero. The low bid was zero.
Tenders at the high rate were allotted 42.86%. The bid-to-cover ratio was 4.13.
Tenders totaled $82,653,021,900 and the Treasury accepted $20,000,513,500 including $365,090,900 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.070%. The low bid was 0.060%.
Tenders at the high rate were allotted 26.10%. The bid-to-cover ratio was 3.75.
Tenders totaled $75,051,390,800 and the Treasury accepted $20,001,010,800, including $318,125,800 of non-competitive.
The Fed banks bought nothing for themselves.
