Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.250% high rate, down from 0.280% the prior week, and the six-months incurred a 0.515% high rate, off from 0.585% the week before.
Coupon equivalents were 0.254% and 0.525%, respectively.
The price for the 91s was 99.936806 and that for the 182s was 99.739639.
The median bid on the 91s was 0.230%. The low bid was 0.190%.
Tenders at the high rate were allotted 55.01%. The bid-to-cover ratio was 2.54.
Tenders totaled $101,528,233,800 and the Treasury accepted $28,000,012,400 including $358,183,800 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.490%. The low bid was 0.400%.
Tenders at the high rate were allotted 90.52%. The bid-to-cover ratio was 3.56.
Tenders totaled $92,433,975,900 and the Treasury accepted $26,000,017,900, including $402,475,900 of non-competitive.
The Fed banks bought nothing for themselves.
