Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.090% high rate, down from 0.100% the prior week, and the six-months incurred a 0.140% high rate, off from 0.145% the week before.

Coupon equivalents were 0.091% and 0.142%, respectively.

The price for the 91s was 99.977250 and that for the 182s was 99.929222.

The median bid on the 91s was 0.085%. The low bid was 0.050%.

Tenders at the high rate were allotted 89.46%. The bid-to-cover ratio was 4.39.

Tenders totaled $140,482,108,600 and the Treasury accepted $32,001,081,400 including $492,908,600 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 2.89%. The bid-to-cover ratio was 5.17.

Tenders totaled $144,666,765,100 and the Treasury accepted $28,000,456,600, including $440,468,100 of non-competitive.

The Fed banks bought nothing for themselves.

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