Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.045% high rate, down from 0.050% the prior week, and the six-months incurred a 0.065% high rate, down from 0.075% the week before.
Coupon equivalents were 0.046% and 0.066%, respectively.
The price for the 91s was 99.988625 and that for the 182s was 99.967139.
The median bid on the 91s was 0.035%. The low bid was 0.010%.
Tenders at the high rate were allotted 5.16%. The bid-to-cover ratio was 4.83.
Tenders totaled $120,759,507,500 and the Treasury accepted $25,001,697,500 including $464,077,100 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.060%. The low bid was 0.040%.
Tenders at the high rate were allotted 7.76%. The bid-to-cover ratio was 5.18.
Tenders totaled $119,134,554,000 and the Treasury accepted $23,000,014,000, including $374,054,000 of non-competitive.
The Fed banks bought nothing for themselves.
