The Treasury Department Monday sold $30 billion 13-day cash management bills, dated June 4, due June 17, at a 0.050% high tender rate.
The bid to cover ratio was 4.28.
The coupon equivalent was 0.051%. The price was 99.998194.
The low bid was 0.030%. The median bid was 0.045%. Tenders at the high were allotted 90.29%.
Tenders totaled $128,490,000,000 and the Treasury accepted $30,000,991,000, including no non-competitive.