Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.100% high rate, off from 0.105% the prior week, and the six-months incurred a 0.135% high rate, down from 0.140% the week before.

Coupon equivalents were 0.101% and 0.137%, respectively.

The price for the 91s was 99.974722 and that for the 182s was 99.931750.

The median bid on the 91s was 0.095%. The low bid was 0.080%.

Tenders at the high rate were allotted 88.50%. The bid-to-cover ratio was 4.64.

Tenders totaled $148,583,391,100 and the Treasury accepted $32,000,091,100 including $658,391,100 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.130%. The low bid was 0.105%.

Tenders at the high rate were allotted 50.69%. The bid-to-cover ratio was 4.94.

Tenders totaled $138,227,984,400 and the Treasury accepted $28,001,396,900, including $603,284,400 of non-competitive.

The Fed banks bought nothing for themselves.

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