The Treasury Department Tuesday sold $10 billion 14-day cash management bills, dated Aug. 23, due Sept. 6, at a 0.100% high tender rate.
The bid to cover ratio was 5.84.
The coupon equivalent was 0.101%. The price was 99.996111.
The low bid was 0.080%. The median bid was 0.095%. Tenders at the high were allotted 14.38%.
Tenders totaled $58,371,005,000 and the Treasury accepted $10,000,026,000, including no non-competitive.