Tender rates for the Treasury Department's latest 92-day and 182-day discount bills were lower, as the three-months incurred a 0.010% high rate, down from 0.015% the prior week, and the six-months incurred a 0.040% high rate, unchanged from 0.045% the week before.
Coupon equivalents were 0.010% and 0.041%, respectively.
The price for the 92s was 99.997444 and that for the 182s was 99.979778.
The median bid on the 92s was 0.005%. The low bid was zero.
Tenders at the high rate were allotted 85.67%. The bid-to-cover ratio was 4.59.
Tenders totaled $110,254,504,800 and the Treasury accepted $24,000,319,800 including $416,654,800 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.030%. The low bid was 0.010%.
Tenders at the high rate were allotted 12.13%. The bid-to-cover ratio was 4.71.
Tenders totaled $108,304,653,300 and the Treasury accepted $23,000,850,800, including $363,653,300 of non-competitive.
The Fed banks bought nothing for themselves.
