Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were mixed, 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 0.040% the week before.
Coupon equivalents were 0.010% and 0.041%, respectively.
The price for the 91s was 99.997472 and that for the 182s was 99.979778.
The median bid on the 91s was 0.005%. The low bid was zero.
Tenders at the high rate were allotted 97.25%. The bid-to-cover ratio was 4.33.
Tenders totaled $104,003,879,600 and the Treasury accepted $24,000,692,100 including $396,582,600 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.030%. The low bid was 0.015%.
Tenders at the high rate were allotted 24.29%. The bid-to-cover ratio was 4.32.
Tenders totaled $116,730,822,400 and the Treasury accepted $27,000,764,400, including $341,247,400 of non-competitive.
The Fed banks bought nothing for themselves.
