Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.235% high rate, down from 0.300% the prior week, and the six-months incurred a 0.385% high rate, down from 0.475% the week before.
Coupon equivalents were 0.238% and 0.391%, respectively.
The price for the 91s was 99.940597 and that for the 182s was 99.805361.
The median bid on the 91s was 0.225%. The low bid was 0.150%.
Tenders at the high rate were allotted 77.44%. The bid-to-cover ratio was 3.97.
Tenders totaled $111,131,991,300 and the Treasury accepted $28,000,063,300 including $407,866,300 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.370%. The low bid was 0.350%.
Tenders at the high rate were allotted 91.74%. The bid-to-cover ratio was 4.10.
Tenders totaled $98,494,645,300 and the Treasury accepted $24,000,050,300, including $397,692,300 of non-competitive.
The Fed banks bought nothing for themselves.
