Rates Mixed in Treasury Bill Auctions

WASHINGTON - The Treasury sold $21.32 billion of 91 -day and 182-day bills at mixed rates yesterday, as the three-months incurred an average rate of 5.18%, down from 5.19% in the previous auction on Sept. 16, and the six-months incurred a 5.23% rate, up from 5.22%.

Coupon equivalents were 5.33% for the three-months and 5.46% for the six-months.

Tenders for the 91s totaled $34.1 billion, and the Treasury accepted $10.61 billion, including $1.42 billion of noncompetitive bids accepted at the average. The New York Federal Reserve District applied for $31.23 billion of these bills and received $9.37 billion.

Tenders for the 182s totaled $34.07 billion, and the Treasury accepted $10.71 billion, including $1.29 billion of noncompetitive bids accepted at the average. The New York Fed applied for $31.39 billion of these bills and received $9.51 billion.

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