The Treasury Department yesterday sold 97-day cash management bills, due Jan. 15, at a 0.800% high tender rate.
The bid to cover ratio was 3.30.
The coupon equivalent was 0.813%. The price was 99.784444.
The low bid was 0.000%. The median bid was 0.700%. Tenders at 0.800% were allotted 79.65%.