WASHINGTON - The Treasury sold $20.43 billion of 91-day and 182-day bills at lower rates yesterday, as the three-months incurred an average rate of 2.67%, down from 2.73% in the previous auction on Sept. 29 and was the lowest since the average of 2.66% on May 28, 1962. The six-months incurred a 2.73% rate, down from 2.85% and was the lowest since the average of 2.77% on Oct 29, 1962.

Coupon equivalents were 2.73% for the three-months and 2.86% for the six-months.

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