Tender rates for the Treasury Department's latest 90-day and 181-day discount bills were lower, as the three-months incurred a 0.040% high rate, down from 0.055% the prior week, and the six-months incurred a 0.130% high rate, off from 0.155% the week before.
Coupon equivalents were 0.041% and 0.132%, respectively.
The price for the 90s was 99.990000 and that for the 181s was 99.934639.
The median bid on the 90s was 0.030%. The low bid was 0.020%.
Tenders at the high rate were allotted 23.66%. The bid-to-cover ratio was 3.94.
Tenders totaled $94,587,841,600 and the Treasury accepted $24,000,029,600 including $365,666,600 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 181s was 0.120%. The low bid was 0.060%.
Tenders at the high rate were allotted 28.76%. The bid-to-cover ratio was 3.94.
Tenders totaled $94,584,627,000 and the Treasury accepted $24,000,479,000, including $275,127,000 of non-competitive.
The Fed banks bought nothing for themselves.
