SECURITIES

Interest Rates at Highest Level in Months: Interest rates on 52-week Treasury bills rose at auction to the highest level in nearly four months. The average discount rate was 4.37%, up from 4.01% at the last auction Feb. 6 and the highest rate since 52-week bills averaged 4.72% Nov. 14. The bills will carry a coupon interest rate of 4.58%, with each $10,000 in face value selling for $9,558.10. Sales totaled $13.79 billion out of bids of $31.08 billion.