Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were higher on Tuesday, as the three-months incurred a 1.085% high rate, up from 1.050% the prior week, and the six-months incurred a 1.220% high rate, up from 1.190% the week before.
Coupon equivalents were 1.103% and 1.245%, respectively. The price for the 91s was 99.725736 and that for the 182s was 99.383222.
The median bid on the 91s was 1.060%. The low bid was 1.020%.
![treasury-building](https://arizent.brightspotcdn.com/dims4/default/c852ce3/2147483647/strip/true/crop/2422x1586+0+0/resize/740x485!/quality/90/?url=https%3A%2F%2Fsource-media-brightspot.s3.us-east-1.amazonaws.com%2F1c%2Fbc%2F697e53864828a539e5996cce6032%2Ftreasury-building.jpg)
Tenders at the high rate were allotted 31.32%. The bid-to-cover ratio was 2.90.
Tenders totaled $121,892,716,100 and the Treasury accepted $42,000,316,100 including $586,859,100 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 1.205%. The low bid was 1.180%.
Tenders at the high rate were allotted 84.28%. The bid-to-cover ratio was 3.01.
Tenders totaled $108,535,080,000 and the Treasury accepted $36,000,360,000, including $458,080,000 of non-competitive.
The Fed banks bought nothing for themselves.