Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.480% high rate, down from 0.515% the prior week, and the six-months incurred a 0.605% high rate, down from 0.625% the week before.
Coupon equivalents were 0.487% and 0.615%, respectively.
The price for the 91s was 99.880000 and that for the 182s was 99.695819.
The median bid on the 91s was 0.460%. The low bid was 0.420%.
Tenders at the high rate were allotted 49.42%. The bid-to-cover ratio was 3.53.
Tenders totaled $137,738,138,000 and the Treasury accepted $39,000,368,000 including $359,970,800 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.600%. The low bid was 0.570%.
Tenders at the high rate were allotted 76.06%. The bid-to-cover ratio was 3.84.
Tenders totaled $126,777,921,900 and the Treasury accepted $33,000,461,900, including $328,658,900 of non-competitive.
The Fed banks bought nothing for themselves.
