Tender rates for the Treasury Department's latest 91-day and 183-day discount bills were lower, as the three-months incurred a 0.025% high rate, down from 0.035% the prior week, and the six-months incurred a 0.050% high rate, off from 0.070% the week before.
Coupon equivalents were 0.025% and 0.051%, respectively.
The price for the 91s was 99.993681 and that for the 183s was 99.974583.
The median bid on the 91s was 0.015%. The low bid was 0.010%.
Tenders at the high rate were allotted 17.90%. The bid-to-cover ratio was 4.17.
Tenders totaled $104,324,433,200 and the Treasury accepted $25,000,483,200 including $414,333,200 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 183s was 0.045%. The low bid was 0.025%.
Tenders at the high rate were allotted 71.02%. The bid-to-cover ratio was 4.60.
Tenders totaled $105,789,758,000 and the Treasury accepted $23,000,762,000, including $331,133,000 of non-competitive.
The Fed banks bought nothing for themselves.
