Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were lower on Monday.

The three-month bills incurred a 0.005% high rate, down from 0.010% the previous week

The six-month bills incurred a 0.040% high rate, down from 0.045% the week before.

Coupon equivalents were 0.005% and 0.041%, respectively.

The price for the 91s was 99.998736, while the price for the 181s was 99.979778.

The median bid on the 91s was zero. The low bid was zero.

Tenders at the high rate were allotted 3.41%. The bid-to-cover ratio was pegged at 4.49.

Tenders totaled $130,146,584,300 and the Treasury accepted $29,000,026,800, including $800,838,600 of noncompetitive.

The Federal Reserve banks did not buy any for themselves.

The median bid for the 182s was 0.035%. The low bid was zero.

Tenders at the high rate were allotted 53.04%. The bid-to-cover ratio was 5.04.

Tenders totaled $136,027,945,500 and the Treasury accepted $27,001,185,500, including $634,975,500 of noncompetitive.

The Fed banks bought none for themselves.

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