Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were mixed, as the three-months incurred a 0.030% high rate, up from 0.025% the prior week, and the six-months incurred a 0.055% high rate, unchanged from 0.055% the week before.
Coupon equivalents were 0.030% and 0.056%, respectively.
The price for the 91s was 99.992417 and that for the 182s was 99.972194.
The median bid on the 91s was 0.020%. The low bid was 0.010%.
Tenders at the high rate were allotted 53.20%. The bid-to-cover ratio was 4.71.
Tenders totaled $127,260,000,000 and the Treasury accepted $25,697,000,000 including $403,000,000 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.050%. The low bid was 0.035%.
Tenders at the high rate were allotted 41.35%. The bid-to-cover ratio was 4.73.
Tenders totaled $113,486,000,000 and the Treasury accepted $22,672,000,000, including $398,000,000 of non-competitive.
The Fed banks bought nothing for themselves.
