WASHINGTON -- The Treasury sold $23.29 billion of 91-day and 182-day bills at higher rates yesterday. The three-months incurred an average rate of 4.61%, up from 4.58% in the previous auction on Sept. 6. The six-months incurred a 4.99% rate, up from 4.89% on Sept. 6 and the highest since the 4.99% average incurred on Aug. 15.
Coupon equivalents were 4.73% for the three-months and 5.19% for the six-months.
Tenders for the 91s totaled $51.22 billion, and the Treasury accepted $11.61 billion, including $1.23 billion of noncompetitive bids accepted at the average.
Tenders for the 182s totaled $48.21 billion, and the Treasury accepted $11.68 billion, including $1.02 billion of noncompetitive bids accepted at the average.
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