WASHINGTON -- The Treasury sold $27.42 billion of 91-day and 182-day bills at unchanged rates yesterday. The three-months incurred an average rate of 5.07%, unchanged the previous auction on Oct. 24 and the highest since Sept. 30, 1991, when it was 5.11%. The six-months incurred a 5.51% rate, unchanged from 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 $50.22 billion, and the Treasury accepted $13.66 billion, including $1.43 billion of noncompetitive bids accepted at the average.
Tenders for the 182s totaled $56.14 billion, and the Treasury accepted $13.76 billion, including $1.26 billion of noncompetitive bids accepted at the average.
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