Rates rise in treasury bill auctions.

WASHINGTON -- The Treasury sold $27.23 billion of 91-day and average rate of 5.07%, up from 4.92% in the previous auction on Oct. 17 and the highest since Sept. 30, 1991, when it was 5.11%. The six-months incurred a 5.51% rate, up from 5.34% in the previous auction and the highest since Aug. 5, 1991, when it was 5.59%.

Coupon equivalents were 5.21% for the three-months and 5.75% for the six-months.

Tenders for the 91s totaled $46.97 billion, and the Treasury accepted $13.62 billion, including $1.24 billion of noncompetitive bids accepted at the average.

Tenders for the 182s totaled $50.46 billion, and the Treasury accepted $13.61 billion, including $1.02 billion of noncompetitive bids accepted at the average.

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