Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.030% high rate, down from 0.045% the prior week, and the six-months incurred a 0.050% high rate, down from 0.065% the week before.
Coupon equivalents were 0.030% and 0.051%, respectively.
The price for the 91s was 99.992417 and that for the 182s was 99.974722.
The median bid on the 91s was 0.025%. The low bid was 0.010%.
Tenders at the high rate were allotted 56.99%. The bid-to-cover ratio was 4.88.
Tenders totaled $121,958,709,400 and the Treasury accepted $25,000,736,900 including $465,159,400 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.045%. The low bid was 0.030%.
Tenders at the high rate were allotted 38.97%. The bid-to-cover ratio was 5.35.
Tenders totaled $122,997,151,000 and the Treasury accepted $23,000,895,000, including $413,511,000 of non-competitive.
The Fed banks bought nothing for themselves.
