Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.040% high rate, down from 0.045% the prior week, and the six-months incurred a 0.070% high rate, off from 0.075% the week before.
Coupon equivalents were 0.041% and 0.071%, respectively.
The price for the 91s was 99.989889 and that for the 182s was 99.964611.
The median bid on the 91s was 0.030%. The low bid was 0.025%.
Tenders at the high rate were allotted 20.18%. The bid-to-cover ratio was 4.95.
Tenders totaled $148,439,761,300 and the Treasury accepted $30,000,489,300 including $509,869,300 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.065%. The low bid was 0.045%.
Tenders at the high rate were allotted 33.39%. The bid-to-cover ratio was 5.54.
Tenders totaled $138,504,577,200 and the Treasury accepted $25,000,307,700, including $417,689,200 of non-competitive.
The Fed banks bought nothing for themselves.
