Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.285% high rate, down from 0320% the prior week, and the six-months incurred a 0.395% high rate, down from 0.425% the week before.
Coupon equivalents were 0.289% and 0.401%, respectively.
The price for the 91s was 99.927958 and that for the 182s was 99.800306.
The median bid on the 91s was 0.270%. The low bid was 0.200%.
Tenders at the high rate were allotted 76.22%. The bid-to-cover ratio was 3.33.
Tenders totaled $123,077,978,100 and the Treasury accepted $37,000,248,100 including $374,178,100 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.375%. The low bid was 0.335%.
Tenders at the high rate were allotted 26.54%. The bid-to-cover ratio was 3.50.
Tenders totaled $112,047,280,800 and the Treasury accepted $32,000,210,800, including $418,341,700 of non-competitive.
The Fed banks bought nothing for themselves.
