The Treasury Department Tuesday sold $10 billion 3-day cash management bills, dated Dec. 14, due Dec. 17, at a 0.090% high tender rate.
The bid to cover ratio was 5.62.
The coupon equivalent was 0.091%. The price was 99.999250.
The low bid was 0.050%. The median bid was 0.080%. Tenders at the high were allotted 4.68%.
Tenders totaled $56,250,000,000 and the Treasury accepted $10,000,380,000, including no non-competitive.