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 0.035% the prior week, and the six-months incurred a 0.095% high rate, down from 0.135% the week before.
Coupon equivalents were 0.020% and 0.097%, respectively.
The price for the 91s was 99.994944 and that for the 182s was 99.951972.
The median bid on the 91s was 0.010%. The low bid was zero.
Tenders at the high rate were allotted 75.22%. The bid-to-cover ratio was 4.23.
Tenders totaled $101,510,045,600 and the Treasury accepted $24,000,364,600 including $345,375,600 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.085%. The low bid was 0.075%.
Tenders at the high rate were allotted 87.44%. The bid-to-cover ratio was 4.05.
Tenders totaled $97,251,538,100 and the Treasury accepted $24,000,018,100, including $304,128,900 of non-competitive.
The Fed banks bought nothing for themselves.
