WASHINGTON - The Treasury sold $26.15 billion of 91-day and 182-day bills at lower rates yesterday. The three-months incurred an average rate of 3.06%, down from 3.11% in the previous auction on Dec. 6 and the lowest since the 3.16% average incurred on Oct. 18. The six-months incurred a 3.26% rate, down from 3.27%.
Coupon equivalents were 3.12% for the three-months and 3.36% for the six-months.
Tenders for the 91s totaled $55.78 billion, and the Treasury accepted $13.07 billion, including $1.12 billion of noncompetitive bids accepted at the average.
Tenders for the 182s totaled $48.88 billion, and the Treasury accepted $13.08 billion, including $862 million of noncompetitive bids accepted at the average.
