WASHINGTON -- The Treasury sold $23.31 billion of 91-day and 182-day bills at lower rates yesterday. The three-months incurred an average rate of 4.58%, down from 4.61% in the previous auction on Aug. 29. The six-months incurred a 4.89% rate, down from 4.93%.
Coupon equivalents were 4.70% for the three-months and 5.08% for the six-months.
Tenders for the 91 s totaled $56.43 billion, and the Treasury accepted $11.63 billion, including $1.38 billion of noncompetitive bids accepted at the average.
Tenders for the 182s totaled $53.73 billion, and the Treasury accepted $11.68 billion, including $1.23 billion of noncompetitive bids accepted at the average.