Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.075% high rate, down from 0.085% the prior week, and the six-months incurred a 0.120% high rate, down from 0.130% the week before.
Coupon equivalents were 0.076% and 0.122%, respectively.
The price for the 91s was 99.981042 and that for the 182s was 99.939000.
The median bid on the 91s was 0.070%. The low bid was zero.
Tenders at the high rate were allotted 75.10%. The bid-to-cover ratio was 4.54.
Tenders totaled $145,246,925,000 and the Treasury accepted $32,000,025,000 including $506,739,000 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.115%. The low bid was 0.095%.
Tenders at the high rate were allotted 58.71%. The bid-to-cover ratio was 4.98.
Tenders totaled $139,489,911,700 and the Treasury accepted $28,000,697,900, including $460,564,200 of non-competitive.
The Fed banks bought nothing for themselves.
