Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were lower Monday, as the three-months incurred a 0.020% high rate, off from 0.030% the previous week, and the six-months incurred a 0.060% high rate, down from 0.065%.

Coupon equivalents were 0.020% and 0.061%, respectively. The price for the 91s was 99.994944 and that for the 182s was 99.969667.

The median bid on the 91s was 0.005%. The low bid was zero. Tenders at the high rate were allotted 44.31%. The bid-to-cover ratio was 4.75.

Tenders totaled $137,808,266,900 and the Treasury accepted $29,000,501,400, including $826,565,900 of noncompetitive.

The median bid for the 182s was 0.050%. The low bid was 0.020%. Tenders at the high rate were allotted 6.25%. The bid-to-cover ratio was 4.77. Tenders totaled $128,893,879,800 and the Treasury accepted $27,000,442,300, including $648,002,800 of noncompetitive.

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