Rates rise in Treasury bill auctions.

WASHINGTON -- The Treasury sold $24.89 billion of 91-day and 182-day bills at higher rates yesterday. The three-months incurred an average rate of 4.43%, up from 4.43% in the previous auction on Aug. 2, and the six-months incurred a 4.93% rate, up from 4.75%.

Coupon equivalents were 4.54% for the three-months and 5.13% for the six-months.

Tenders for the 91 s totaled $42.12 billion, and the Treasury accepted $12.43 billion, including $1.47 billion of noncompetitive bids accepted at the average.

Tenders for the 182s totaled $48.14 billion, and the Treasury accepted $12.46 billion, including $1.3 billion of noncompetitive bids accepted at the average.

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