Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were higher on Monday, as the three-months incurred a 1.130% high rate, up from 1.105% the prior week, and the six-months incurred a 1.260% high rate, up from 1.245% the week before.

Coupon equivalents were 1.149% and 1.286%, respectively. The price for the 91s was 99.714361 and that for the 182s was 99.363000.

The median bid on the 91s was 1.105%. The low bid was 1.050%.

Tenders at the high rate were allotted 79.79%. The bid-to-cover ratio was 3.02.

Tenders totaled $126,794,993,300 and the Treasury accepted $42,000,005,800 including $517,683,800 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 1.240%. The low bid was 1.230%.

Tenders at the high rate were allotted 55.75%. The bid-to-cover ratio was 3.47.

Tenders totaled $124,942,580,000 and the Treasury accepted $36,000,355,000, including $464,248,000 of non-competitive.

The Fed banks bought nothing for themselves.

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