Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.220% high rate, down from 0.250% the prior week, and the six-months incurred a 0.395% high rate, off from 0.400% the week before.
Coupon equivalents were 0.223% and 0.401%, respectively.
The price for the 91s was 99.944389 and that for the 182s was 99.800306.
The median bid on the 91s was 0.210%. The low bid was 0.190%.
Tenders at the high rate were allotted 94.80%. The bid-to-cover ratio was 3.80.
Tenders totaled $106,367,276,600 and the Treasury accepted $28,000,108,600 including $382,181,600 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.380%. The low bid was 0.370%.
Tenders at the high rate were allotted 99.34%. The bid-to-cover ratio was 3.89.
Tenders totaled $93,359,622,900 and the Treasury accepted $24,000,139,700, including $395,101,900 of non-competitive.
The Fed banks bought nothing for themselves.
