WASHINGTON -- The Treasury sold $22.04 billion of 91-day and 182-day bills at higher rates yesterday. The three-months incurred an average rate of 4.20%, up from 4.18% in the previous auction on June 20. The six-months incurred a 4.60% rate, up from 4.55%.
Coupon equivalents were 4.31% for the three-months and 4.78% for the six-months.
Tenders for the 91 s totaled $57.71 billion, and the Treasury accepted $11.01 billion, including $1.35 billion of noncompetitive bids accepted at the average.
Tenders for the 182s totaled $43.53 billion, and the Treasury accepted $11.03 billion, including $1.05 billion of noncompetitive bids accepted at the average.