Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.085% high rate, down from 0.110% the prior week, and the six-months incurred a 0.135% high rate, down from 0.140% the week before.

Coupon equivalents were 0.086% and 0.137%, respectively.

The price for the 91s was 99.978514 and that for the 182s was 99.931750.

The median bid on the 91s was 0.075%. The low bid was 0.000%.

Tenders at the high rate were allotted 15.54%. The bid-to-cover ratio was 4.63.

Tenders totaled $148,127,294,500 and the Treasury accepted $32,000,080,100 including $663,447,500 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.130%. The low bid was 0.110%.

Tenders at the high rate were allotted 60.38%. The bid-to-cover ratio was 4.79.

Tenders totaled $134,223,465,800 and the Treasury accepted $28,000,040,800, including $587,582,800 of non-competitive.

The Fed banks bought nothing for themselves.

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