WASHINGTON- The Treasury sold $23.37 billion of 91-day and 182-day bills at mixed rates yesterday. The three-months incurred an average rate of 4.61%, unchanged from 4.61% in the previous auction on Sept. 12. The six-months incurred a 5.05% rate, up from 4.99% and the highest since the 5.11% average incurred on Oct. 21, 1991.
Coupon equivalents were 4.73% for the three-months and 5.25% for the six-months.
Tenders for the 91s totaled $48.73 billion, and the Treasury accepted $11.63 billion, including $1.36 billion of noncompetitive bids accepted at the average.
Tenders for the 182s totaled $49.09 billion, and the Treasury accepted $11.74 billion, including $1.25 billin of noncompetitive bids accepted at the average.