Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were higher yesterday, as the three-months incurred a 1.710% high rate, up from 1.695% the prior week, and the six-months incurred a 1.920% high rate, up from 1.880%.

Coupon equivalents were 1.741% and 1.966%, respectively. The price for the 91s was 99.567750 and that for the 182s was 99.029333.

The median bid on the 91s was 1.650%. The low bid was 1.550%. Tenders at the high rate were allotted 76.19%. The bid-to-cover ratio was 2.60. Tenders totaled $65,102,336,700 and the Treasury accepted $25,000,001,700, including $1,824,126,700 of noncompetitive.

The median bid for the 182s was 1.840%. The low bid was 1.790%. Tenders at the high rate were allotted 72.84%. The bid-to-cover ratio was 2.21. Tenders totaled $53,042,475,800 and the Treasury accepted $24,000,009,800, including $1,495,371,800 of noncompetitive.

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