WASHINGTON - The Treasury sold $24.47 billion of 91-day and 182-day bills at lower rates yesterday. The three-months incurred an average rate of 3.01%, down from 3.05% in the previous auction on June 28 and the lowest since the 3.00% average incurred on May 17. The six-months incurred a 3.10% rate, down from 3.14% and the lowest since the 3.10% average incurred on May 17.

Coupon equivalents were 3.08% for the three-months and 3.19% for the six-months.

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