WASHINGTON -- The Treasury sold $24.73 billion of 91-day and 182-day bills at lower rates yesterday. The three-months incurred an average rate of 3.05%, down from 3.10% in the previous auction on Aug 2 and the lowest since the 3.05% incurred in the July 19 auction. The six-months incurred a 3.18% rate, down from 3.25% and the lowest since the 3.15% incurred on July 19.

Coupon equivalents were 3.11% for the three-months and 3.28% for the six-months.

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