Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were mixed, as the three-months incurred a 1.040% high rate, down from 1.070% the prior week, and the six-months incurred a 1.140% high rate, up from 1.130% the week before.

Coupon equivalents were 1.057% and 1.163%, respectively.

The price for the 91s was 99.737111 and that for the 182s was 99.423667.

Treasury building.
Treasury building.

The median bid on the 91s was 1.035%. The low bid was 1.000%.

Tenders at the high rate were allotted 65.96%. The bid-to-cover ratio was 3.62.

Tenders totaled $141,227,601,800 and the Treasury accepted $39,001,463,300 including $543,101,800 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 1.110%. The low bid was 1.085%.

Tenders at the high rate were allotted 44.57%. The bid-to-cover ratio was 3.05.

Tenders totaled $100,775,377,200 and the Treasury accepted $33,000,179,700, including $504,145,800 of non-competitive.

The Fed banks bought nothing for themselves.

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