Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were higher, as the three-months incurred a 1.045% high rate, up from 1.000% the prior week, and the six-months incurred a 1.130% high rate, up from 1.110% the week before.

Coupon equivalents were 1.062% and 1.152%, respectively.

The price for the 91s was 99.735847 and that for the 182s was 99.428722.

Bloomberg News

The median bid on the 91s was 1.020%. The low bid was 0.980%.

Tenders at the high rate were allotted 6.41%. The bid-to-cover ratio was 3.21.

Tenders totaled $125,104,598,800 and the Treasury accepted $39,000,108,800 including $514,315,600 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 1.100%. The low bid was 0.170%.

Tenders at the high rate were allotted 52.25%. The bid-to-cover ratio was 3.21.

Tenders totaled $105,958,066,000 and the Treasury accepted $33,000,066,000, including $474,084,000 of non-competitive.

The Fed banks bought nothing for themselves.

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