Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.150% high rate, down from 0.180% the pevious week, and the six-months incurred a 0.190% high rate, off from 0.225%.

Coupon equivalents were 0.152% and 0.193%, respectively. The price for the 91s was 99.962083 and for the 182s it was 99.903944.

The median bid on the 91s was 0.135%. The low bid was 0.100%. Tenders at the high rate were allotted 48.87%. The bid-to-cover ratio was 4.63. Tenders totaled $134,264,924,900 and the Treasury accepted $29,000,140,300, including $1,050,185,900 of noncompetitive.

The median bid for the 182s was 0.180%. The low bid was 0.150%. Tenders at the high rate were allotted 85.80%. The bid-to-cover ratio was 4.66. Tenders totaled $130,431,205,800 and the Treasury accepted $28,000,051,800, including $777,905,800 of noncompetitive.

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