Washington - The Treasury sold $26.15 billion of 91-day and 182-day bills at lower rates yesterday. The three-months incurred an average rate of 5.59%, down from the 5.76% average incurred in the previous auction on Dec. 12. The six-months incurred a 6.30% rate, down from 6.32% in the previous auction.
Coupon equivalents were 5.75% for the three-months and 6.60% for the six-months.
Tenders for the 91s totaled $45.27 billion, and the Treasury accepted $13.07 billion, including $1.54 billion of noncompetitive bids accepted at the average.
Tenders for the 182s totaled $46.29 billion, and the Treasury accepted $1308 billion, including $1.29 billion of noncompetittive bids accepted at the average.