WASHINGTON -- The Treasury sold24.11 billion of 91-day and
182-day bills at higher rates yesrday. The three-months
incurred an
average rate of 4.50%, up from 4.% in the previous auction on
July 5
and the highest since the 4.58% arage incurred on Nov. 18,
1991. The
six-months incurred a 4.94% rate,p from 4.74% and the highest
since
the 5.04% average incurred on Oct28, 1991.
[CHART OMITTED]
Coupon equivalents were 4.61% f the three-months and 5.14%
for
the six-months.
Tenders for the 91s totaled $412 billion, and the Treasury
accepted
$12.05 billion, including $1.43 blion of noncompetitive bids
accepted
at the average.
Tenders for the 182s totaled $499 billion, and the Treasury
accepted
$12.06 billion, including $1.22 blion of noncompetitive bids
accepted
at the average.
