Rates rise in Treasury bill auctions.

WASHINGTON - The Treasury sold $23.66 billion of 91 -day a 182-day bills at higher rates yesterday, as the three-months incurred an average rate of 2.97%. up from 2.94% in the previous auction on Oct. 20 and was the highest since the average of 3.10% on Aug. 31, 1992. The six-months incurred a 3.22% rate, up from 3.10% and was the highest since the average of 3.26% on Aug. 31, 1992.

Coupon equivalents were 3.04% for the three-months and 3.32% for the six-months.

Tenders for the 91s totaled $39.6 billion, and the Treasury accepted $11.88 billion, including $1.14 billion of noncompetitive bids accepted at the average. The New York Federal Reserve District applied for $36.05 billion of these bills and received $10.39 billion.

Tenders for the 182s totaled $35.44 billion, and the Treasury accepted $11.85 billion, including $690 million of noncompetitive bids accepted at the average. The New York Fed applied for $32.38 billion of these bills and received $10.91 billion.

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