Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were higher yesterday, as the three-months incurred a 1.200% high rate, up from 1.100% the prior week, and the six-months incurred a 1.550% high rate, up from 1.310%.

Coupon equivalents were 1.220% and 1.584%, respectively.

The price for the 91s was 99.696667 and that for the 182s was 99.216389.

The median bid on the 91s was 0.950%. The low bid was 0.750%. The bid-to-cover ratio was 2.48.

Tenders at the high rate were allotted 7.66%.

Tenders totaled $59,460,605,000 and the Treasury accepted $24,000,085,000, including $1,580,775,000 of noncompetitive.

The median bid for the 182s was 1.410%. The low bid was 1.330%. The bid-to-cover ratio was 2.40.

Tenders at the high rate were allotted 27.74%.

Tenders totaled $52,720,652,000 and Treasury accepted $22,000,112,000, including $1,134,652,000 of noncompetitive.

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