WASHINGTON - The Treasury sold $27.19 billion of 91-day and 182-day bills at lower rates yesterday. The three-months incurred an average rate of 3.12%, down from 3.14% in the previous auction on Nov. 22. The six-months incurred a 3.26% rate. down from 3.30%.

Coupon equivalents were 3.19% for the three-months and 3.36% for the six-months.

Tenders for the 91s totaled $61.28 billion, and the Treasury accepted $13.6 billion, including $1.16 billion of noncompetitive bids accepted at the average.

Tenders for the 182s totaled $54.95 billion, and the Treasury accepted $13.59 billion, including $841 million of noncompetitive bids accepted at the average.

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