Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.105% high rate, down from 0.125% the prior week, and the six-months incurred a 0.150% high rate, off from 0.160% the week before.

Coupon equivalents were 0.106% and 0.152%, respectively.

The price for the 91s was 99.973458 and that for the 182s was 99.924167.

The median bid on the 91s was 0.100%. The low bid was 0.050%.

Tenders at the high rate were allotted 70.69%. The bid-to-cover ratio was 4.56.

Tenders totaled $145,789,610,100 and the Treasury accepted $32,000,602,600 including $426,045,100 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.140%. The low bid was 0.115%.

Tenders at the high rate were allotted 46.81%. The bid-to-cover ratio was 4.76.

Tenders totaled $133,239,619,000 and the Treasury accepted $28,000,555,900, including $362,234,000 of non-competitive.

The Fed banks bought nothing for themselves.

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