WASHINGTON - The Treasury sold $24.82 billion of 91-day and 182-day bills at lower rates yesterday, as the three-months incurred an average rate of 3.16%, down from 3.26% in the previous auction on Dec. 7 and the highest since the average of 3.59% on June 29. The six-months incurred a 3.32% rate, down from 3.43% and the highest since the average of 3.66% on June 29.

Coupon equivalents were 3.23% for the three-months and 3.42% for the six-months.

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