Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.305% high rate, down from 0.375% the prior week, and the six-months incurred a 0.500% high rate, off from 0.540% the week before.
Coupon equivalents were 0.309% and 0.508%, respectively.
The price for the 91s was 99.922903 and that for the 182s was 99.747222.
The median bid on the 91s was 0.280%. The low bid was 0.260%.
Tenders at the high rate were allotted 73.30%. The bid-to-cover ratio was 3.40.
Tenders totaled $1359,973,860,400 and the Treasury accepted $40,000,060,400 including $382,4808,200 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.470%. The low bid was 0.450%.
Tenders at the high rate were allotted 42.87%. The bid-to-cover ratio was 3.41.
Tenders totaled $122,799,699,200 and the Treasury accepted $36,000,014,200, including $326,385,000 of non-competitive.
The Fed banks bought nothing for themselves.
