WASHINGTON -- The Treasury sold $24.41 billion of 91-day and 182-day bills at mixed rates yesterday.
The three-months incurred an average rate of 3.26%, down from 3.29% in the previous auction on Dec. 7 and the six-months incurred a 3.43% rate, up from 3.37%.
Coupon equivalents were 3.33% for the three-months and 3.54% for the six-months.
Tenders for the 91s totaled $45.58 billion, and the Treasury accepted $12.18 billion, including $1.27 billion of noncompetitive bids accepted at the average. The New York Federal Reserved District applied for $42.35 billion of these bills and received $11.05 billion.
Tenders for the 182s totaled $34.51 billion, and the Treasury accepted $12.23 billion, including $825 million of noncompetitive bids accepted at the average. The New York Fed applied for $31.42 billion of these bills and received $11.02 billion.