Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.530% high rate, down from 0.555% the prior week, and the six-months incurred a 0.630% high rate, off from 0.660% the week before.
Coupon equivalents were 0.538% and 0.641%, respectively.
The price for the 91s was 99.866028 and that for the 182s was 99.681500.
The median bid on the 91s was 0.510%. The low bid was 0.490%.
Tenders at the high rate were allotted 18.30%. The bid-to-cover ratio was 3.70.
Tenders totaled $125,813,222,600 and the Treasury accepted $34,000,247,600 including $429,400,600 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.620%. The low bid was 0.590%.
Tenders at the high rate were allotted 65.93%. The bid-to-cover ratio was 3.62.
Tenders totaled $101,475,153,300 and the Treasury accepted $28,000,692,800, including $387,518,300 of non-competitive.
The Fed banks bought nothing for themselves.
