Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were higher, as the three-months incurred a 1.690% high rate, up from 1.685% the previous week, and the six-months incurred a 1.900% high rate, up from 1.890%.

Coupon equivalents were 1.721% and 1.945%, respectively. The price for the 91s was 99.572806 and that for the 182s was 99.039444.

The median bid on the 91s was 1.645%. The low bid was 1.600%. Tenders at the high rate were allotted 79.02%. The bid-to-cover ratio was 2.66. Tenders totaled $69,076,339,800 and the Treasury accepted $26,000,129,000, including $1,618,389,800 of noncompetitive.

The median bid for the 182s was 1.850%. The low bid was 1.750%. Tenders at the high rate were allotted 34.44%. The bid-to-cover ratio was 2.54. Tenders totaled $63,433,467,000 and the Treasury accepted $25,000,067,000, including $1,265,632,000 of noncompetitive.

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