Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were higher, as the three-months incurred a 1.870% high rate, up from 1.710% the prior week, and the six-months incurred a 2.020% high rate, up from 1.920% the week before.

Coupon equivalents were 1.905% and 2.069%, respectively. The price for the 91s was 99.527306 and that for the 182s was 98.978778.

The median bid on the 91s was 1.770%. The low bid was 1.720%. Tenders at the high rate were allotted 41.83%. The bid-to-cover ratio was 2.57. Tenders totaled $66,706,313,100 and the Treasury accepted $26,000,103,100 including $1,826,703,100 of non-competitive.

The median bid for the 182s was 1.955%. The low bid was 1.900%. Tenders at the high rate were allotted 18.07%. The bid-to-cover ratio was 2.67. Tenders totaled $66,649,289,100 and the Treasury accepted $25,000,031,600, including $1,493,640,100 of non-competitive.

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