Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.110% high rate, down from 0.125% the prior week, and the six-months incurred a 0.120% high rate, off from 0.135% the week before.

Coupon equivalents were 0.112% and 0.122%, respectively.

The price for the 91s was 99.972194 and that for the 182s was 99.939333.

The median bid on the 91s was 0.105%. The low bid was 0.080%.

Tenders at the high rate were allotted 48.66%. The bid-to-cover ratio was 4.59.

Tenders totaled $160,767,208,900 and the Treasury accepted $35,000,128,900 including $492,455,900 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.120%. The low bid was 0.100%.

Tenders at the high rate were allotted 97.94%. The bid-to-cover ratio was 5.18.

Tenders totaled $155,391,326,200 and the Treasury accepted $30,001,666,200, including $400,000,000 of non-competitive.

The Fed banks bought nothing for themselves.

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