The Treasury Department Tuesday sold $30 billion 11-day cash management bills, dated Sept. 5, due Sept. 16, at a 0.030% high tender rate.
The bid to cover ratio was 4.27.
The coupon equivalent was 0.030%. The price was 99.999083.
The low bid was 0.000%. The median bid was 0.020%. Tenders at the high were allotted 22.46%.
Tenders totaled $128,185,000,000 and the Treasury accepted $30,001,195,000, including no non-competitive.