Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.250% high rate, down from 0.305% the prior week, and the six-months incurred a 0.420% high rate, off from 0.500% the week before.
Coupon equivalents were 0.254% and 0.427%, respectively.
The price for the 91s was 99.936806 and that for the 182s was 99.787667.
The median bid on the 91s was 0.210%. The low bid was 0.150%.
Tenders at the high rate were allotted 62.71%. The bid-to-cover ratio was 3.42.
Tenders totaled $136,693,748,300 and the Treasury accepted $40,000,413,300 including $405,231,300 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.400%. The low bid was 0.370%.
Tenders at the high rate were allotted 57.54%. The bid-to-cover ratio was 3.65.
Tenders totaled $131,533,970,900 and the Treasury accepted $36,000,330,900, including $366,487,900 of non-competitive.
The Fed banks bought nothing for themselves.
