Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.510% high rate, down from 0.530% the prior week, and the six-months incurred a 0.590% high rate, off from 0.630% the week before.
Coupon equivalents were 0.518% and 0.600%, respectively.
The price for the 91s was 99.871083 and that for the 182s was 99.701722.
The median bid on the 91s was 0.480%. The low bid was 0.440%.
Tenders at the high rate were allotted 10.14%. The bid-to-cover ratio was 3.64.
Tenders totaled $123,743,694,200 and the Treasury accepted $34,000,414,200 including $441,182,200 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.570%. The low bid was 0.520%.
Tenders at the high rate were allotted 92.42%. The bid-to-cover ratio was 3.74.
Tenders totaled $104,806,052,800 and the Treasury accepted $28,000,463,800, including $363,729,800 of non-competitive.
The Fed banks bought nothing for themselves.
