WASHINGTON - The Treasury sold $22.67 billion of 91 -day and 182-day bills at lower rates yesterday. The three-months incurred an average rate of 2.95%. down from 3.02% in the previous auction on August 30 and the lowest since the 2.89% average incurred on May 10. The six-months incurred a 3.03% rate, down from 3.11% and the lowest since the 2.99% average incurred on May 10.
Coupon equivalents were 3.01% for the three-months and 3.12% for the six-months.