Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were lower yesterday, as the three-months incurred a 0.155% high rate, down from 0.165% the week before, and the six-months incurred a 0.230% high rate, down from 0.245%.
Coupon equivalents were 0.157% and 0.233%, respectively. The price for the 91s was 99.960819 and that for the 182s was 99.883083. The median bid on the 91s was 0.140%. The low bid was 0.100%. Tenders at the high rate were allotted 74.21%.