Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.315% high rate, down from 0.350% the prior week, and the six-months incurred a 0.420% high rate, off from 0.465% the week before.
Coupon equivalents were 0.321% and 0.428%, respectively.
The price for the 91s was 99.920375 and that for the 182s was 99.787667.
The median bid on the 91s was 0.300%. The low bid was 0.280%.
Tenders at the high rate were allotted 94.98%. The bid-to-cover ratio was 3.38.
Tenders totaled $125,253,135,200 and the Treasury accepted $37,000,105,200 including $413,279,800 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.400%. The low bid was 0.380%.
Tenders at the high rate were allotted 52.34%. The bid-to-cover ratio was 3.86.
Tenders totaled $115,730,449,600 and the Treasury accepted $30,000,400,600, including $417,599,600 of non-competitive.
The Fed banks bought nothing for themselves.
