Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.015% high rate, down from 0.025% the prior week, and the six-months incurred a 0.065% high rate, off from 0.075% the week before.
Coupon equivalents were 0.015% and 0.066%, respectively.
The price for the 91s was 99.996208 and that for the 182s was 99.967139.
The median bid on the 91s was 0.010%. The low bid was zero.
Tenders at the high rate were allotted 71.54%. The bid-to-cover ratio was 4.13.
Tenders totaled $107,399,094,300 and the Treasury accepted $26,000,111,300 including $352,094,300 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.055%. The low bid was 0.040%.
Tenders at the high rate were allotted 15.25%. The bid-to-cover ratio was 4.20.
Tenders totaled $109,295,828,100 and the Treasury accepted $26,000,440,600, including $358,741,100 of non-competitive.
The Fed banks bought nothing for themselves.
