Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.300% high rate, down from 0.315% the prior week, and the six-months incurred a 0.410% high rate, off from 0.420% the week before.
Coupon equivalents were 0.305% and 0.418%, respectively.
The price for the 91s was 99.924167 and that for the 182s was 99.792722.
The median bid on the 91s was 0.290%. The low bid was 0.250%.
Tenders at the high rate were allotted 84.99%. The bid-to-cover ratio was 3.41.
Tenders totaled $126,166,221,000 and the Treasury accepted $37,000,064,000 including $406,346,600 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.390%. The low bid was 0.370%.
Tenders at the high rate were allotted 86.07%. The bid-to-cover ratio was 3.43.
Tenders totaled $102,873,426,600 and the Treasury accepted $30,000,358,600, including $425,801,600 of non-competitive.
The Fed banks bought nothing for themselves.
