WASHINGTON - The Treasury sold $24.89 billion of 91-day and 182-day bills at lower rates yesterday. The three-months incurred an average rate of 4.31%, down from 4.50% in the previous auction on July 11. The six-months incurred a 4.71% rate, down from 4.94%.

Coupon equivalents were 4.42% for the three-months and 4.89% for the six-months.

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