Tender rates for the Treasury Department's latest 92-day and 182-day discount bills were lower, as the three-months incurred a 0.015% high rate, down from 0.035% the previous week, and the six-months incurred a 0.045% high rate, off from 0.080%.

Coupon equivalents were 0.015% and 0.046%, respectively.

The price for the 92s was 99.996167 and that for the 182s was 99.977250.

The median bid on the 92s was 0.005%. The low bid was zero. Tenders at the high rate were allotted 36.20%. The bid-to-cover ratio was 4.57. Tenders totaled $132,570,264,600 and the Treasury accepted $29,000,164,600, including $843,414,600 of noncompetitive.

The median bid for the 182s was 0.035%. The low bid was 0.005%. Tenders at the high rate were allotted 40.83%. The bid-to-cover ratio was 4.43. Tenders totaled $119,644,143,300 and the Treasury accepted $27,000,215,300, including $706,943,300 of noncompetitive.

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