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The Treasury Department auctioned $30 billion in three-month bills at a discount rate of 0.155 percent, unchanged from last week. Another $30 billion was auctioned in six-month bills at a discount rate of 0.185 percent, also unchanged.

The three-month rate was the highest since three-month bills averaged 0.165 percent on July 6. The six-month rate was the lowest since those bills averaged 0.170 percent on June 21.

The discount rates reflect that the bills sell for less than face value. For a $10,000 bill, the three-month price was $9,996.04 while a six-month bill sold for $9,990.65. That would equal an annualized rate of 0.157 percent for the three-month bills and 0.188 percent for the six-month bills.

DIPLOMACY

Carter to try to free N. Korea prisoner

Former President Jimmy Carter plans to visit North Korea “within days” on a mission to secure the release of an American man serving eight years of hard labor there, Foreign Policy magazine said Monday.

“Jimmy Carter is set to travel to North Korea very soon, according to two sources familiar with the former president’s plans, in what they characterized as a private mission to free a US citizen imprisoned there,” the magazine said.

The United States has repeatedly voiced concern about the health of Aijalon Mahli Gomes, who was jailed for illegally crossing the country’s border with China. North Korea state media said in July that Mr. Gomes tried to commit suicide and was being treated in a hospital.

From wire dispatches and staff reports

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