Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were mixed on Tuesday, as the three-months incurred a 1.430% high rate, unchanged from 1.430% the prior week, and the six-months incurred a 1.600% high rate, up from 1.575% the week before.

Treasury building.
Treasury building.

Coupon equivalents were 1.455% and 1.635%, respectively. The price for the 91s was 99.638528 and that for the 182s was 99.191111.

The median bid on the 91s was 1.420%. The low bid was 1.295%.

Tenders at the high rate were allotted 94.79%. The bid-to-cover ratio was 3.15.

Tenders totaled $151,225,510,300 and the Treasury accepted $48,000,844,000 including $676,009,000 of non-competitive.

The Fed banks bought nothing for themselves.

The median bid for the 182s was 1.570%. The low bid was 1.550%.

Tenders at the high rate were allotted 37.40%. The bid-to-cover ratio was 3.18.

Tenders totaled $133,475,639,500 and the Treasury accepted $42,000,089,500, including $700,514,500 of non-competitive.

The Fed banks bought nothing for themselves.

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