The Treasury Department Tuesday sold $30 billion 40-day cash management bills, dated March 6, due April 15, at a 0.105% high tender rate.
The bid to cover ratio was 5.05.
The coupon equivalent was 0.106%. The price was 99.988333.
The low bid was 0.080%. The median bid was 0.095%. Tenders at the high were allotted 1.96%.
Tenders totaled $151,449,444,000 and the Treasury accepted $30,000,824,000, including $444,000 non-competitive.