Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.035% high rate, down from 0.055% the prior week, and the six-months incurred a 0.055% high rate, down from 0.080% the week before.
Coupon equivalents were 0.035% and 0.056%, respectively.
The price for the 91s was 99.991153 and that for the 182s was 99.972194.
The median bid on the 91s was 0.030%. The low bid was 0.020%.
Tenders at the high rate were allotted 97.36%. The bid-to-cover ratio was 4.26.
Tenders totaled $119,410,816,900 and the Treasury accepted $28,000,696,900 including $499,344,900 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.050%. The low bid was 0.030%.
Tenders at the high rate were allotted 69.36%. The bid-to-cover ratio was 4.71.
Tenders totaled $122,519,176,800 and the Treasury accepted $26,000,576,800, including $414,960,800 of non-competitive.
The Fed banks bought nothing for themselves.
