Tender rates for the Treasury Department's latest 90-day and 181-day discount bills were lower, as the three-months incurred a 0.090% high rate, down from 0.105% the prior week, and the six-months incurred a 0.135% high rate, off from 0.145% the week before.

Coupon equivalents were 0.091% and 0.137%, respectively.

The price for the 90s was 99.977500 and that for the 181s was 99.932125.

The median bid on the 90s was 0.080%. The low bid was 0.050%.

Tenders at the high rate were allotted 67.96%. The bid-to-cover ratio was 4.73.

Tenders totaled $151,221,285,300 and the Treasury accepted $32,000,845,300 including $507,215,101 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 181s was 0.130%. The low bid was 0.110%.

Tenders at the high rate were allotted 64.70%. The bid-to-cover ratio was 4.91.

Tenders totaled $137,580,008,200 and the Treasury accepted $28,000,103,200, including $381,828,200 of non-competitive.

The Fed banks bought nothing for themselves.

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