Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.035% high rate, down from 0.130% the prior week, and the six-months incurred a 0.070% high rate, off from 0.150% the week before.
Coupon equivalents were 0.035% and 0.071%, respectively.
The price for the 91s was 99.991153 and that for the 182s was 99.964611.
The median bid on the 91s was 0.030%. The low bid was 0.010%.
Tenders at the high rate were allotted 89.14%. The bid-to-cover ratio was 4.03.
Tenders totaled $141,003,786,400 and the Treasury accepted $35,000,812,400 including $432,816,400 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.060%. The low bid was 0.050%.
Tenders at the high rate were allotted 15.75%. The bid-to-cover ratio was 4.45.
Tenders totaled $133,443,964,300 and the Treasury accepted $30,000,726,800, including $328,039,300 of non-competitive.
The Fed banks bought nothing for themselves.
