Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were lower yesterday, as the three-months incurred a 0.145% high rate, down from 0.155% the previous week, and the six-month bills incurred a 0.220% high rate, dropping from 0.240%.

Coupon equivalents were 0.147% and 0.223%, respectively. The price for the 91s was 99.963347 and that for the 182s was 99.888778.

The median bid on the 91s was 0.130%. The low bid was 0.100%.

Tenders at the high rate were allotted 59.11%. The bid-to-cover ratio was 4.66.

Tenders totaled $116,476,744,000 and the Treasury accepted $25,000,059,500, including $1,179,400,000 of noncompetitive.

The median bid for the 182s was 0.205%. The low bid was 0.180%.

Tenders at the high rate were allotted 76.29%. The bid-to-cover ratio was 4.38. Tenders totaled $109,430,888,200 and the Treasury accepted $25,000,420,700, including $851,588,200 of noncompetitive.

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