Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were mixed yesterday, as the three-months incurred a 1.695% high rate, up from 1.520% the prior week, and the six-months incurred a 1.880% high rate, down from 1.920%.

Coupon equivalents were 1.726% and 1.924%, respectively. The price for the 91s was 99.571542 and that for the 182s was 99.049556.

The median bid on the 91s was 1.640%. The low bid was 1.600%. Tenders at the high rate were allotted 91.11%. The bid-to-cover ratio was 2.63. Tenders totaled $63,094,573,000 and the Treasury accepted $24,000,108,000, including $1,825,983,000 of noncompetitive.

The median bid for the 182s was 1.845%. The low bid was 1.750%. Tenders at the high rate were allotted 60.11%. The bid-to-cover ratio was 2.67. Tenders totaled $61,391,667,700 and the Treasury accepted $23,000,216,200, including $1,514,292,700 of noncompetitive.

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