Tender rates for the Treasury Department’s latest 92-day and 182-day discount bills were higher yesterdat, as the three-months incurred a 1.420% high rate, up from 1.050% the week before, and the six-months incurred a 1.790% high rate, up from 1.550%.

Coupon equivalents were 1.445% and 1.831%, respectively. The price for the 92s was 99.637111 and that for the 182s was 99.095056.

The median bid on the 92s was 13580%. The low bid was 0.990%. Tenders at the high rate were allotted 97.07%. The bid-to-cover ratio was 2.85. Tenders totaled $76,965,158,000 and the Treasury accepted $27,000,008,000, including $2,435,258,000 of noncompetitive.

The median bid for the 182s was 1.700%. The low bid was 1.490%. Tenders at the high rate were allotted 88.13%. The bid-to-cover ratio was 2.31. Tenders totaled $62,333,523,100 and the Treasury accepted $27,000,105,600, including $1,563,923,100 of noncompetitive.

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