Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.180% high rate, down from 0.185% the prior week, and the six-months incurred a 0.270% high rate, off from 0.285% the week before.
Coupon equivalents were 0.183% and 0.274%, respectively. The price for the 91s was 99.954500 and the price for the 182s was 99.863500.
The median bid on the 91s was 0.165%. The low bid was 0.130%. Tenders at the high rate were allotted 69.87%. The bid-to-cover ratio was 3.69.
The median bid for the 182s was 0.250%. The low bid was 0.215%. Tenders at the high rate were allotted 41.36%. The bid-to-cover ratio was 3.70.
