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 0.335% the prior week, and the six-months incurred a 0.440% high rate, off from 0.510% the week before.
Coupon equivalents were 0.304% and 0.447%, respectively.
The price for the 91s was 99.924167 and that for the 182s was 99.777556.
The median bid on the 91s was 0.290%. The low bid was 0.250%.
Tenders at the high rate were allotted 97.36%. The bid-to-cover ratio was 3.41.
Tenders totaled $115,782,516,600 and the Treasury accepted $34,000,556,600 including $343,331,600 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.415%. The low bid was 0.395%.
Tenders at the high rate were allotted 20.95%. The bid-to-cover ratio was 3.19.
Tenders totaled $89,307,413,800 and the Treasury accepted $28,000,163,800, including $339,428,800 of non-competitive.
The Fed banks bought nothing for themselves.
