Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 1.000% high rate, down from 1.010% the prior week, and the six-months incurred a 1.110% high rate, off from 1.120% the week before.

Coupon equivalents were 1.016% and 1.132%, respectively.

The price for the 91s was 99.747222 and that for the 182s was 99.438833.

The median bid on the 91s was 0.970%. The low bid was 0.930%.

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Tenders at the high rate were allotted 50.23%. The bid-to-cover ratio was 3.10.

Tenders totaled $120,964,365,400 and the Treasury accepted $39,000,069,400 including $502,765,400 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 1.085%. The low bid was 1.060%.

Tenders at the high rate were allotted 44.87%. The bid-to-cover ratio was 3.35.

Tenders totaled $110,513,488,300 and the Treasury accepted $33,000,238,300, including $467,235,300 of non-competitive.

The Fed banks bought nothing for themselves.

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