Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.095% high rate, down from 0.110% the prior week, and the six-months incurred a 0.115% high rate, off from 0.120% the week before.

Coupon equivalents were 0.096% and 0.117%, respectively.

The price for the 91s was 99.975986 and that for the 182s was 99.941861.

The median bid on the 91s was 0.085%. The low bid was 0.060%.

Tenders at the high rate were allotted 22.29%. The bid-to-cover ratio was 4.49.

Tenders totaled $157,033,251,100 and the Treasury accepted $35,000,261,100 including $527,004,100 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.105%. The low bid was 0.090%.

Tenders at the high rate were allotted 21.16%. The bid-to-cover ratio was 4.81.

Tenders totaled $144,259,032,900 and the Treasury accepted $30,000,082,900, including $401,532,900 of non-competitive.

The Fed banks bought nothing for themselves.

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