WASHINGTON - The Treasury sold $21.26 billion of 91 -day and 182-day bills at lower rates yesterday, as the three-months incurred an average rate of 2.89%, down from 2.91 % in the previous auction on Sept. 8 and was the lowest since the average of 2.88% on April 22, 1963. The six-months incurred a 2.90% rate, down from 2.95% and was the lowest since the average of 2.86% on Dec. 10, 1962.

Coupon equivalents were 2.95% for the three-months and 2.98% for the six-months.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.