Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.025% high rate, down from 0.030% the prior week, and the six-months incurred a 0.085% high rate, off from 0.110% the week before.
Coupon equivalents were 0.025% and 0.086%, respectively.
The price for the 91s was 99.993681 and that for the 182s was 99.957028.
The median bid on the 91s was 0.020%. The low bid was zero.
Tenders at the high rate were allotted 82.69%. The bid-to-cover ratio was 4.25.
Tenders totaled $102,060,687,300 and the Treasury accepted $24,000,093,800 including $473,214,300 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.075%. The low bid was 0.060%.
Tenders at the high rate were allotted 34.45%. The bid-to-cover ratio was 4.22.
Tenders totaled $101,258,008,100 and the Treasury accepted $24,000,053,100, including $359,008,100 of non-competitive.
The Fed banks bought nothing for themselves.
