Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.230% high rate, down from 0.235% the prior week, and the six-months incurred a 0.350% high rate, down from 0.385% the week before.
Coupon equivalents were 0.233% and 0.355%, respectively.
The price for the 91s was 99.941861 and that for the 182s was 99.823056.
The median bid on the 91s was 0.220%. The low bid was zero.
Tenders at the high rate were allotted 92.07%. The bid-to-cover ratio was 3.91.
Tenders totaled $109,450,770,200 and the Treasury accepted $28,000,052,200 including $376,728,200 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.340%. The low bid was 0.310%.
Tenders at the high rate were allotted 76.37%. The bid-to-cover ratio was 3.83.
Tenders totaled $91,857,821,200 and the Treasury accepted $24,000,241,300, including $320,821,200 of non-competitive.
The Fed banks bought nothing for themselves.
