Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.260% high rate, down from 0.270% the prior week, and the six-months incurred a 0.340% high rate, down from 0.400% the week before.
Coupon equivalents were 0.264% and 0.345%, respectively.
The price for the 91s was 99.934278 and that for the 182s was 99.828111.
The median bid on the 91s was 0.230%. The low bid was 0.100%.
Tenders at the high rate were allotted 7.08%. The bid-to-cover ratio was 3.42.
Tenders totaled $106,157,948,700 and the Treasury accepted $31,000,008,700 including $323,806,700 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.320%. The low bid was 0.295%.
Tenders at the high rate were allotted 82.00%. The bid-to-cover ratio was 3.72.
Tenders totaled $96,728,726,900 and the Treasury accepted $26,000,026,900, including $314,848,900 of non-competitive.
The Fed banks bought nothing for themselves.
