Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.340% high rate, down from 0.350% the prior week, and the six-months incurred a 0.475% high rate, off from 0.480% the week before.
Coupon equivalents were 0.345% and 0.483%, respectively.
The price for the 91s was 99.914056 and that for the 182s was 99.759861.
The median bid on the 91s was 0.320%. The low bid was 0.300%.
Tenders at the high rate were allotted 50.58%. The bid-to-cover ratio was 3.35.
Tenders totaled $103,936,380,300 and the Treasury accepted $31,000,310,300 including $351,930,300 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.460%. The low bid was 0.420%.
Tenders at the high rate were allotted 25.52%. The bid-to-cover ratio was 3.62.
Tenders totaled $94,024,833,700 and the Treasury accepted $26,000,065,700, including $337,933,700 of non-competitive.
The Fed banks bought nothing for themselves.
