Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were higher, as the three-months incurred a 0.960% high rate, up from 0.920% the prior week, and the six-months incurred a 1.060% high rate, up from 1.050% the week before.

Coupon equivalents were 0.976% and 1.081%, respectively.

Bloomberg News

The price for the 91s was 99.757333 and that for the 182s was 99.464111.

The median bid on the 91s was 0.925%. The low bid was 0.900%.

Tenders at the high rate were allotted 13.37%. The bid-to-cover ratio was 3.17.

Tenders totaled $123,727,844,400 and the Treasury accepted $39,000,134,400 including $475,644,400 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 1.050%. The low bid was 1.030%.

Tenders at the high rate were allotted 61.30%. The bid-to-cover ratio was 3.62.

Tenders totaled $119,321,131,600 and the Treasury accepted $33,000,471,600, including $416,381,600 of non-competitive.

The Fed banks bought nothing for themselves.

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