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 0.340% the prior week, and the six-months incurred a 0.430% high rate, off from 0.475% the week before.
Coupon equivalents were 0.289% and 0.437%, respectively.
The price for the 91s was 99.927958 and that for the 182s was 99.782611.
The median bid on the 91s was 0.265%. The low bid was 0.200%.
Tenders at the high rate were allotted 56.71%. The bid-to-cover ratio was 3.54.
Tenders totaled $109,793,144,900 and the Treasury accepted $31,000,267,400 including $328,394,900 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.400%. The low bid was 0.390%.
Tenders at the high rate were allotted 95.06%. The bid-to-cover ratio was 3.39.
Tenders totaled $88,198,623,900 and the Treasury accepted $26,000,088,900, including $320,651,900 of non-competitive.
The Fed banks bought nothing for themselves.
