Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 1.015% high rate, down from 1.040% the prior week, and the six-months incurred a 1.115% high rate, off from 1.140% the week before.
Coupon equivalents were 1.032% and 1.137%, respectively.
The price for the 91s was 99.743431 and that for the 182s was 99.436306.
The median bid on the 91s was 1.000%. The low bid was zero.
Tenders at the high rate were allotted 63.26%. The bid-to-cover ratio was 3.52.
Tenders totaled $137,340,592,700 and the Treasury accepted $39,000,962,300 including $557,209,800 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 1.100%. The low bid was 1.080%.
Tenders at the high rate were allotted 44.57%. The bid-to-cover ratio was 3.05.
Tenders totaled $114,561,909,200 and the Treasury accepted $33,000,053,200, including $499,178,200 of non-competitive.
The Fed banks bought nothing for themselves.
