Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.270% high rate, down from 0.285% the prior week, and the six-months incurred a 0.400% high rate, off from 0.430% the week before.
Coupon equivalents were 0.274% and 0.406%, respectively.
The price for the 91s was 99.931750 and that for the 182s was 99.797778.
The median bid on the 91s was 0.250%. The low bid was 0.200%.
Tenders at the high rate were allotted 23.48%. The bid-to-cover ratio was 3.43.
Tenders totaled $106,344,067,700 and the Treasury accepted $31,000,247,700 including $367,825,700 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.390%. The low bid was 0.380%.
Tenders at the high rate were allotted 56.74%. The bid-to-cover ratio was 4.15.
Tenders totaled $107,886,827,400 and the Treasury accepted $26,000,185,200, including $382,735,400 of non-competitive.
The Fed banks bought nothing for themselves.
