Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.040% high rate, down from 0.055% the prior week, and the six-months incurred a 0.060% high rate, off from 0.065% the week before.
Coupon equivalents were 0.041% and 0.061%, respectively.
The price for the 91s was 99.989889 and that for the 182s was 99.969667.
The median bid on the 91s was 0.030%. The low bid was 0.020%.
Tenders at the high rate were allotted 25.27%. The bid-to-cover ratio was 3.93.
Tenders totaled $109,981,086,100 and the Treasury accepted $28,000,311,100 including $431,686,100 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.050%. The low bid was 0.040%.
Tenders at the high rate were allotted 82.97%. The bid-to-cover ratio was 4.76.
Tenders totaled $95,165,706,900 and the Treasury accepted $20,000,091,900, including $449,832,900 of non-competitive.
The Fed banks bought nothing for themselves.
