WASHINGTON - The Treasury sold $23.36 billion of 91-day and 182-day bills at higher rates yesterday. The three-months incurred an average rate of 4.79%, up from 4.61% in the previous auction on Sept. 19 and the highest since the 4.99% average incurred on Oct. 28, 1991. The six-months incurred a 5.22% rate, up from 5.05% and the highest since the 5.23% average incurred on Sept. 23, 1991.

Coupon equivalent were 4.92% for the three-months and 5.44% for the six-months.

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