Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.065% high rate, down from 0.075% the prior week, and the six-months incurred a 0.105% high rate, off from 0.120% the week before.
Coupon equivalents were 0.066% and 0.107%, respectively.
The price for the 91s was 99.983569 and that for the 182s was 99.946917.
The median bid on the 91s was 0.060%. The low bid was 0.050%.
Tenders at the high rate were allotted 96.98%. The bid-to-cover ratio was 4.80.
Tenders totaled $153,460,070,900 and the Treasury accepted $32,000,116,900 including $501,570,900 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.100%. The low bid was 0.080%.
Tenders at the high rate were allotted 56.84%. The bid-to-cover ratio was 5.21.
Tenders totaled $145,939,210,000 and the Treasury accepted $28,000,628,000, including $456,184,000 of non-competitive.
The Fed banks bought nothing for themselves.
