Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.340% high rate, down from 0.360% the prior week, and the six-months incurred a 0.470% high rate, down from 0.495% the week before.

Coupon equivalents were 0.345% and 0.478%, respectively.

The price for the 91s was 99.914056 and that for the 182s was 99.762389.

The median bid on the 91s was 0.310%. The low bid was 0.280%.

Tenders at the high rate were allotted 5.94%. The bid-to-cover ratio was 3.27.

Tenders totaled $137,292,146,100 and the Treasury accepted $42,000,046,100 including $405,146,100 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 0.450%. The low bid was 0.410%.

Tenders at the high rate were allotted 82.46%. The bid-to-cover ratio was 3.30.

Tenders totaled $118,672,424,600 and the Treasury accepted $36,000,209,600, including $342,058,100 of non-competitive.

The Fed banks bought nothing for themselves.

 

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