Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were higher yesterday, as the three-months incurred a 0.340% high rate, up from 0.270% the week before, and the six-months incurred a 0.480% high rate, up from 0.390%.

Coupon equivalents were 0.345% and 0.488%, respectively. The price for the 91s was 99.914056 and that for the 182s was 99.757333.

The median bid on the 91s was 0.300%. The low bid was 0.250%. Tenders at the high rate were allotted 30.14%. The bid-to-cover ratio was 2.90. Tenders totaled $89,934,006,000 and the Treasury accepted $31,000,148,000, including $1,474,371,000 of noncompetitive.

The median bid for the 182s was 0.450%. The low bid was 0.350%. Tenders at the high rate were allotted 74.65%. The bid-to-cover ratio was 3.05. Tenders totaled $91,576,925,500 and the Treasury accepted $30,000,853,000, including $1,135,434,400 of noncompetitive.

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