Tender rates for the Treasury Department's latest 91-day and 182-day discount bills rose on Monday, as the three-months incurred a 1.290% high rate, up from 1. 285% the previous week, and the six-months incurred a 1.450% high rate, up from 1. 435% in the prior week.
Coupon equivalents were 1.312% and 1.481%, respectively. The price for the 91s was 99.673917 and that for the 182s was 99.266944.
The median bid on the 91s was 1.275%. The low bid was 1.250%.
Tenders at the high rate were allotted 52.02%. The bid-to-cover ratio was 3.09.
Tenders totaled $129,080,762,900 and the Treasury accepted $41,361,837,900 including $538,501,100 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 1.425%. The low bid was 1.400%.
Tenders at the high rate were allotted 5.56%. The bid-to-cover ratio was 3.30.
Tenders totaled $118,124,417,000 and the Treasury accepted $35,272,929,000, including $427,355,700 of non-competitive.
The Fed banks bought nothing for themselves.
