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 0.025% 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 84.42%. The bid-to-cover ratio was 5.39.
Tenders totaled $140,083,496,100 and the Treasury accepted $26,000,220,200 including $416,812,100 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 76.83%. The bid-to-cover ratio was 5.38.
Tenders totaled $123,763,108,100 and the Treasury accepted $23,000,079,600, including $363,590,100 of non-competitive.
The Fed banks bought nothing for themselves.
