Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.020% high rate, down from 0.030% the prior week, and the six-months incurred a 0.045% high rate, off from 0.050% the week before.
Coupon equivalents were 0.020% and 0.046%, respectively.
The price for the 91s was 99.994944 and that for the 182s was 99.977250.
The median bid on the 91s was 0.015%. The low bid was zero.
Tenders at the high rate were allotted 86.30%. The bid-to-cover ratio was 4.89.
Tenders totaled $122,274,774,600 and the Treasury accepted $25,000,669,600 including $364,104,600 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.040%. The low bid was 0.025%.
Tenders at the high rate were allotted 46.84%. The bid-to-cover ratio was 5.28.
Tenders totaled $121,422,302,400 and the Treasury accepted $23,000,717,300, including $296,875,400 of non-competitive.
The Fed banks bought nothing for themselves.
