Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were higher, as the three-months incurred a 1.180% high rate, up from 1.050% the prior week, and the six-months incurred a 1.130% high rate, up from 1.105% the week before.

Coupon equivalents were 1.200% and 1.152%, respectively.

The U.S. Treasury Building.Image: Thinkstock

The price for the 91s was 99.701722 and that for the 182s was 99.428722.

The median bid on the 91s was 1.140%. The low bid was 1.000%.

Tenders at the high rate were allotted 67.70%. The bid-to-cover ratio was 2.87.

Tenders totaled $111,826,414,400 and the Treasury accepted $39,000,064,400 including $574,089,900 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 1.090%. The low bid was 1.065%.

Tenders at the high rate were allotted 34.87%. The bid-to-cover ratio was 2.91.

Tenders totaled $96,107,354,500 and the Treasury accepted $33,000,014,500, including $455,117,500 of non-competitive.

The Fed banks bought nothing for themselves.

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