WASHINGTON -- The Treasury sold $24.96 billion of 91-day and 182-day bills at lower rates yesterday. The three-months incurred an average rate of 4.35%, down from 4.43% in the previous auction on July 25, and the six-months incurred a 4.75% rate, down from 4.83%.
Coupon equivalents were 4.46% for the three-months and 4.93% for the six-months.
Tenders for the 91 s totaled $48.86 billion, and the Treasury accepted $12.56 billion, including $1.38 billion of noncompetitive bids accepted at the average.
Tenders for the 182s totaled $45.24 billion, and the Treasury accepted $12.4 billion, including $1.28 billion of noncompetitive bids accepted at the average.