The Treasury Department Wednesday sold $35 billion 11-day cash management bills, dated Sept. 6, due Sept. 17, at a 0.145% high tender rate.
The bid to cover ratio was 3.98.
The coupon equivalent was 0.147%. The price was 99.995569.
The low bid was 0.100%. The median bid was 0.140%. Tenders at the high were allotted 88.16%.
Tenders totaled $139,291,200,000 and the Treasury accepted $35,000,000,000, including $1,200,000 non-competitive.