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.

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