Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.190% high rate, down from 0.195% the prior week, and the six-months incurred a 0.285% high rate, down from 0.350%.

Coupon equivalents were 0.193% and 0.289%, respectively.

The price for the 91s was 99.951972 and that for the 182s was 99.855917.

The median bid on the 91s was 0.170%. The low bid was 0.130%.

Tenders at the high rate were allotted 4.14%. The bid-to-cover ratio was 2.90.

Tenders totaled $91,230,542,000 and the Treasury accepted $30,495,600,000, including $1,304,547,000 of noncompetitive.

Federal Reserve banks bought nothing for themselves.

The median bid for the 182s was 0.260%. The low bid was 0.230%. Tenders at the high rate were allotted 32.91%. The bid-to-cover ratio was 3.28.

Tenders totaled $100,345,950,000 and the Treasury accepted $29,729,245,000, including $970,843,300 of noncompetitive.

The Fed banks bought nothing for themselves.

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