Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were higher on Monday, as the three-months incurred a 1.240% high rate, up from 1.185% the prior week, and the six-months incurred a 1.360% high rate, up from 1.300% the week before.
Coupon equivalents were 1.261% and 1.388%, respectively. The price for the 91s was 99.686556 and that for the 182s was 99.312444.
![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)
The median bid on the 91s was 1.210%. The low bid was 1.185%.
Tenders at the high rate were allotted 39.17%. The bid-to-cover ratio was 3.11.
Tenders totaled $130,618,187,700 and the Treasury accepted $42,000,346,200 including $617,837,700 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 1.340%. The low bid was 1.330%.
Tenders at the high rate were allotted 48.66%. The bid-to-cover ratio was 3.30.
Tenders totaled $118,653,475,200 and the Treasury accepted $36,000,021,800, including $476,040,200 of non-competitive.
The Fed banks bought nothing for themselves.