The Treasury Department Tuesday sold $35 billion 64-day cash management bills, dated Feb. 20, due April 25, at a 0.130% high tender rate.
The bid to cover ratio was 4.58.
The coupon equivalent was 0.132%. The price was 99.976889.
The low bid was 0.110%. The median bid was 0.120%. Tenders at the high were allotted 24.72%.
Tenders totaled $160,459,492,000 and the Treasury accepted $35,000,952,000, including $9,492,000 non-competitive.