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 0.020% the prior week, and the six-months incurred a 0.070% high rate, off from 0.095% the week before.
Coupon equivalents were 0.015% and 0.071%, respectively.
The price for the 91s was 99.996208 and that for the 182s was 99.964611.
The median bid on the 91s was 0.005%. The low bid was zero.
Tenders at the high rate were allotted 57.42%. The bid-to-cover ratio was 4.13.
Tenders totaled $99,191,584,500 and the Treasury accepted $24,000,868,500 including $360,584,500 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.060%. The low bid was 0.030%.
Tenders at the high rate were allotted 38.77%. The bid-to-cover ratio was 3.94.
Tenders totaled $94,660,989,400 and the Treasury accepted $24,000,424,400, including $301,537,400 of non-competitive.
The Fed banks bought nothing for themselves.
