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 0.040% the prior week, and the six-months incurred a 0.110% high rate, off from 0.130% the week before.
Coupon equivalents were 0.030% and 0.112%, respectively.
The price for the 91s was 99.992417 and that for the 182s was 99.944389.
The median bid on the 91s was 0.020%. The low bid was zero.
Tenders at the high rate were allotted 24.08%. The bid-to-cover ratio was 4.15.
Tenders totaled $99,698,271,900 and the Treasury accepted $24,000,099,900 including $374,049,900 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.110%. The low bid was 0.060%.
Tenders at the high rate were allotted 90.60%. The bid-to-cover ratio was 4.57.
Tenders totaled $109,727,443,300 and the Treasury accepted $24,001,142,300, including $351,443,300 of non-competitive.
The Fed banks bought nothing for themselves.
